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Essay

Tax or No Tax?

Essay specific features

 

Issue:

English

 

Written by:

Ricardo M

 

Date added:

February 27, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 984

 

Was viewed:

8178 times

 

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Essay content:

He supports this claim by giving several examples, showing that "over the last 21 years, the market share of household assets controlled by banks and savings institutions fell by more than half, from 27 percent to 12.7 percent," while credit unions actually grew in assets. He goes on to show that in some communities, credit unions are actually larger than banks and control more of the market...
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He goes on to show that in some communities, credit unions are actually larger than banks and control more of the market. Leggett claims that this control and their success while banks have failed can be attributed to their exempt status. Opposing this argument, credit unions claim that they are completely different institutions than banks and should not be governed and taxed in the same manner...
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