What is Credit Union?
1.
A scheme to avoid paying taxes. CU members argue that they should be tax exempt because
1. They are member-owned. (Other member-owned coops pay taxes on non-disbursed earnings)
2. They can't issue stock. (Lots of companies--many LLCs, sole proprietorships, S Corporations, etc. -- do not issue stock but still pay income taxes.
3. CUs (allegedly) provide better service (tax exemptions are not awarded to companies that provide the best service).
Credit unions were originally tax exempt because they provided financial services to underserved markets. Today, however, credit unions compete directly against banks and should therefore pay taxes.
Random Words:
1.
The end result of not dealing with Tear Bombsfast enough or carefully.
Menstrual Meltdown is the verbal tirade mixed with tears of a PM..
1.
a chav phrase meaning to hurry up.
Quick time! I wanna go home
See quick, time, slang, chav, chavettes, chavette
1.
a chav phrase me..
1.
The genteel term for the female genitalia
I'm the snuggly-wuggliest pixie in the whole of toyland, and this is my fairy pocket.
S..
