Thursday, July 17, 2014

VAROOM VAROOM: CU Is Title Sponsor for NASCAR Late Model Race

Martinsville DuPont Credit Union will be the title sponsor of the NASCAR Late Model MDCU 300 on October 5.

While the terms of the deal were not disclosed, the agreement between the Martinsville Speedway and the credit union is for multiple years.

Some credit union advocates will justify this sponsorship as a legitimate marketing expense.

But taxpayers and policymakers need to ask if this is the appropriate use of the credit union's tax exemption.

Read the story.
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4 comments:

  1. AnonymousJuly 22, 2014 at 2:54 PM

    Unless you're a member-owner of MDCU, why do you care?

    ReplyDelete
  2. Keith LeggettJuly 22, 2014 at 2:59 PM

    You all just don't get it -- as tax exempt entities, you are not only accountable to your members; but also to American taxpayers.

    ReplyDelete
  3. Keith LeggettJuly 22, 2014 at 3:01 PM

    Credit unions are accountable to their members and also the American taxpayers because they are tax exempt entities.

    ReplyDelete
  4. AnonymousAugust 14, 2014 at 4:04 PM

    You responded twice but weren't right once. You're the one who doesn't get it.

    Actually, you do get it. But being the ABA's Chief Internet Troll requires a certain amount of obtuseness.

    ReplyDelete

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