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News Release | U.S. PIRG | Tax

States could save $1 billion with simple, proven method to curb offshore tax dodging, new study finds

State taxpayers across the country could save over $1 billion from a simple reform to crack down on offshore tax dodging, according to a new report.

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Report | U.S. PIRG | Tax

Closing the Billion Dollar Loophole

New report tells how some states have found a simple reform to reclaim significant revenue lost to offshore tax havens. Includes estimates of how much each state loses in state revenue to offshore tax haven abuse and how much each state would gain by closing the "water's edge" loophole.

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News Release | U.S. PIRG | Budget

New Farm Bill Contains Massive Taxpayer Handouts To Big Ag, Last Minute Deal Removed Even Modest Taxpayer Savings

U.S. PIRG urges Congress to vote NO on the Farm Bill. At a time of supposed fiscal caution, this bill would put taxpayers on the hook for another five years of billion-dollar handouts to huge, profitable agribusinesses. Even the most modest reforms to trim subsidies for the largest players were stripped out or watered down at the last second by the chairs of the House and Senate Agricultural Committees.

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News Release | U.S. PIRG | Budget, Tax, Transportation

Obama Plan to Close Corporate Loopholes, Invest in Infrastructure Promising, but Lacks Critical Details

In his State of the Union Address tonight, President Obama called for closing corporate tax loopholes and investing in infrastructure. His plan is promising, but lacks critical details.

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News Release | U.S. PIRG | Democracy

President Obama Highlights Importance of Strengthening American Democracy in 2014

In tonight’s State of the Union address, President Obama discussed the importance of strengthening American democracy both by amplifying the voices of ordinary citizens and by improving voter systems to increase participation.

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Media Hit | Budget, Tax

Enriquez, Visco: Tax deduction benefits BP in blast settlement

Many companies deduct the cost of settlement payments for misdeeds like the Texas City disaster as an ordinary business expense.

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Media Hit | Higher Ed

Congressman Rubén Hinojosa Introduces Legislation to Help Make College Textbooks More Affordable

The cost of new textbooks has increased 82%, three times faster than inflation, over the last decade

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News Release | U.S. PIRG | Budget, Tax

Record-Breaking JPMorgan Settlement Contains Protections for Taxpayers

Now that the DOJ has protected taxpayers by addressing the tax deductibility of the penalties, U.S. PIRG is calling on the agency to be fully transparent as to why the remainder of the settlement is deductible.  If the remaining $11 billion is fully deducted, taxpayers deserve to know why they will end up picking up the tab for almost $4 billion in lost revenue.

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News Release | U.S. PIRG | Budget, Tax

Baucus Corporate Tax Proposal Closes Loopholes, but Leaves Incentives to Shift Profits to Offshore Tax Havens

 

Statement of U.S. PIRG Tax and Budget Advocate Dan Smith on Senate Finance Committee corporate tax reform discussion draft.

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News Release | U.S. PIRG Education Fund | Consumer Protection

New Report Analyzes Complaints About Credit Bureaus

WASHINGTON— According to new analysis from the U.S. PIRG Education Fund, thousands of consumers with errors on their credit reports are getting relief through the Consumer Financial Protection Bureau (CFPB). The report also found that credit reporting agencies vary widely in how they respond to consumer complaints: Equifax responded to over half with relief, while Experian responded with relief to only 5 percent. 

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Report | Food

Apples to Twinkies

America is facing an obesity epidemic – one that’s hitting children especially hard. Childhood obesity rates have tripled over the last three decades, with one in five kids aged 6 to 11 now obese.

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Report | U.S. PIRG | Budget

Toward Common Ground

To break through the ideological divide that has dominated Washington this past year and offer a pathway to address the nation’s fiscal problems, the National Taxpayers Union and U.S. PIRG joined together to identify mutually acceptable deficit reduction measures.

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Report | Illinois PIRG | Budget, Tax

Shining a Light on Tax Increment Financing in Chicago

This report gives an initial snapshot of how well the Mayor’s office is doing in introducing transparency to tax increment financing (TIF) by examining how well critical information has been made available on the TIF transparency website. Specifically, we looked at whether or not the City of Chicago is complying with the “TIF Sunshine Ordinance,” which was passed in April of 2009.

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Report | U.S. PIRG Education Fund | Financial Reform

Ten Reasons Why We Need the Consumer Financial Protection Bureau Now

This report outlines predatory financial practices that hurt consumers and helped collapse the economy, costing us eight million jobs, millions of foreclosed homes and trillions of dollars in lost home and retirement values. It explains these and other emerging problems as “10 Reasons We Need The Consumer Financial Protection Bureau Now.”

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Report | U.S. PIRG | Transportation

High-Speed Rail: Public, Private or Both?

Private sector companies are likely to play a major role in the construction of high-speed rail lines in the United States. Public-private partnerships – or “PPPs” – have come to play an important role in the construction of high-speed rail lines around the world. The experience with high-speed rail PPPs, however, has been mixed. While PPP arrangements have brought private capital and expertise to the task of building high-speed rail, PPPs have also resulted in cost overruns, government bailouts, and other serious problems for the public.

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Blog Post | Consumer Protection

Will Consumers Face Credit Card Surcharges? No. | Ed Mierzwinski

On behalf of the big banks, the credit card companies Visa and Mastercard charge unfair fees to merchants. Some are speculating that as a result of a court settlement over these "swipe fees" that consumers will end up paying more when they make a credit card purchase. We don't think surcharging will spread. Here's why.

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Blog Post | Consumer Protection

Current and former Fed officials urge greater efforts against risky big bank practices | Ed Mierzwinski

In the past week, two leading Fed officials issued stark warnings against risky practices of the big banks and called for greater oversight. Both Professor Alan Blinder, a former vice-chair of the Federal Reserve, and Richard Fisher, the current Dallas Fed president, called for solutions that match U.S. PIRG's reform platform.

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Blog Post | Consumer Protection

FTC seeks information from data brokers | Ed Mierzwinski

Today, the Federal Trade Commission (FTC) issued nine administrative orders seeking information to analyze the "Data Broker Industry’s Collection and Use of Consumer Data." The questions being asked track closely the questions posed both in a forthcoming U.S. PIRG/Center for Digital Democracy law review article and in similar information requests from the Bi-Partisan Congressional Privacy Caucus.

 

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Blog Post | Consumer Protection

CFPB's #2 is leaving, replacement must meet standards to become #1 | Ed Mierzwinski

The industry trade press is all a-flutter with demands that when CFPB Deputy Director Raj Date leaves, that be replaced with what they characterize as "another" bank-friendly regulator when he leaves. Raj Date wasn't selected as CFPB special advisor and then deputy director because he had a banking background; he was selected because his additional consumer background made him qualified to become director.

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Blog Post | Public Health

No More Naps In Nap Nanny Please | Nasima Hossain

On December 5th, the Consumer Product Safety Commission filed a lawsuit against Baby Matters, LLC, of Berwyn, Pennsylvania, - the manufacturer of Nap Nanny infant recliners.

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Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Food and Drug Administration to put an end to the worst practices.

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