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News Release | U.S. PIRG | Tax

U.S. PIRG statement in response to the resignation of Attorney General Eric Holder

Attorney General Eric Holder's Department of Justice negotiated many large settlements to resolve charges of corporate wrongdoing, but he missed an opportunity to leave behind a legacy of increased transparency and public protections against companies writing off settlements as tax deductions.

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Media Hit | Tax

Obama didn't put up 'much of a fight' to keep Holder

"Holder faced criticism from consumer advocates, too. He was accused of failing to prosecute bankers responsible for the mortgage meltdown in 2008 — and when he reached civil settlements with major Wall Street institutions, he often allowed them to write off the judgments as business expenses, said Michelle Surka of the U.S. Public Interest Research Group."

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News Release | U.S. PIRG | Consumer Protection

Groups Applaud CPSC for Protecting Kids From Dangerous Magnets

U.S. PIRG and other consumer advocates, joined by pediatricians and pediatric gastroenterologists, today applauded the Consumer Product Safety Commission’s (CPSC) vote to address the hazards posed by high powered magnets.  Children who swallow two or more magnets are at risk of developing serious injuries such as small holes in the stomach and intestines, intestinal blockage, blood poisoning, and even death.

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Blog Post | Consumer Protection

We urge CFPB to add stories to complaint database | Ed Mierzwinski

While Congress gets the bulk of the news, a lot of the work in Washington is done by agencies writing rules or enforcing laws. The rulemaking process is a contentious battle, where powerful special interests mobilize thousands of lawyers and PR flacks to delay or kill efforts to protect consumer, worker and community health and safety or to make markets work. So, we fight back. Yesterday, we urged the CFPB to add consumer stories to its Public Consumer Complaint Database. We've also recently urged other agencies to take action, including asking the DOT to expand airline passenger rights and the FCC to protect a free and open Internet.

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Blog Post | Budget, Tax

Recent Inversion Wave Brings on Slew of Outrage - What's Next? | Jaimie Woo

 

Ten years ago, Republicans and Democrats agreed that corporate tax dodging was a problem, and came together to fix it. But large U.S. corporations got trickier — they sought out new ways to get around paying their taxes on U.S. profits, hiring thousands of tax accountants to take advantage of loopholes in our tax code. The recent fix? Corporate inversions.

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

Camp Corporate Tax Proposal Would Make Offshore Tax Dodging Easy for Large Multinationals

At a time when multinational giants are shifting profits offshore at an alarming rate to avoid billions in taxes, Chairman Camp’s bill would make our loophole-ridden corporate tax code even worse. Congress should take aggressive measures to crack down on tax haven abuse – like those put forth by Senator Levin in the Stop Tax Haven Abuse Act – instead of expanding the loopholes.

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News Release | U.S. PIRG | Transportation

DOT Report on Infrastructure Needs Overstates Future Increases in Driving

The new US Department of Transportation forecast of future driving doesn't make sense given current trends and other official forecasts. The result may be billions wasted for unneeded highway expansion and more neglect of bridge repair, public transit and biking.

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

Drug Company’s $193M Settlement for Misconduct May Become Big Tax Write-Off

A new factsheet from the U.S. Public Interest Research Group documents how health care and pharmaceutical corporations are able to write off the payments they make to settle charges of wrongdoing, such as fraud, on their taxes.

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

Statement of Democracy Associate Emma Boorboor on U.S. PIRG’s comments to the IRS on its proposal on nonprofits’ candidate-related political activities

In the wake of the Supreme Court's Citizens United decision, the rules governing nonprofits' participation in political campaigns are more important than ever. We applaud the IRS's decision to address this problem head on, yet the initial proposal made by IRS missed the mark, and could cause real harm to the work of legitimate nonprofit organizations. We hope our comments to the IRS will encourage it to continue its important work to prevent abuse of the tax-exempt system by political operatives, while making improvements in the next round of drafting to encourage appropriate public engagement by nonprofits.

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

Report: Mistaken Identity Tops Debt Collection Complaints

WASHINGTON –Debt collectors trying to collect debt from the wrong person were the top source of complaints to the Consumer Financial Protection Bureau (CFPB), according to a report released today by the U.S. PIRG Education Fund. The report also found that debt collection, the newest category in the database, is already a top source of complaints to the CFPB, outpacing common consumer products such as credit cards and bank accounts.

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Report | U.S. PIRG Education Fund | Health Care

Delivering on the Promise

The recently passed federal health care reform law will make significant changes in how health insurance and health care work for consumers, businesses, and local and state governments, as well as how insurers and providers operate. But whether Americans experience improved care, lower costs and greater access depends largely on what happens next. 

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Report | U.S. PIRG Education Fund | Budget

The Next Trillion: Fiscal Responsibility Through More Accountability

To assist the work of the  President's National Commission on Fiscal Responsibility and Reform, U.S. PIRG looked at existing tax code for loopholes, reviewed government reports on wasteful contracting practices and crunched the numbers. We came up with an initial list of ways the government can save the first trillion dollars by enacting common sense policies that advance the public interest.

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Report | MASSPIRG Education Fund | Budget

Out of the Shadows

This study uses data provided to us by the quasi-public agencies in response to public records requests, as well as public audits and online searches, to examine the size and scope of quasi-public agencies in Massachusetts and the extent to which their budgets and decision-making are open to the public.

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Report | U.S. PIRG Education Fund | Public Health

No Silver Lining

This report provides new data about the amount of BPA that could be consumed from eating canned food and drinks available in the U.S. and Canada. For No Silver Lining, we tested the food and beverage contents of 50 cans collected from 19 U.S. states and Ontario, Canada. The report reveals that BPA is a routine contaminant in canned foods. Our study details potential exposure to BPA from not just one can, but from meals prepared with canned food and drink that an ordinary North American person might consume over the course of a day.

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Report | MASSPIRG Education Fund | Budget

Out of the Shadows

In Massachusetts, quasi-public agencies perform vital government functions, delivering essential services such as operating public buses and rail systems, delivering drinking water and managing public pensions. Because they are not directly accountable to the legislature and exempt from many kinds of public oversight, these agencies should make their decisions and budgets especially open to public scrutiny.

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Blog Post | Public Health

Meat Industry Admits: We Need Food Safety Inspectors | Nasima Hossain

We’ve already written about the impact that sequestration’s across-the-board cuts will have on food safety. Consumers are understandably troubled, and now it seems that even the meat industry is concerned enough about this problem to write to the President.

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Blog Post | Public Health

Dangers on Our Dinner Tables | Nasima Hossain

Sequestration is one of the hottest topics in D.C. right now, but one consequence that has been largely overlooked is the impact that these budget cuts would have on our dinner tables and our health.

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Blog Post | Consumer Protection

Senators Hold CFPB Director Hostage, Roil Markets | Ed Mierzwinski

On Friday, most Senate Republicans again sent the President a letter saying they would not confirm Richard Cordray to a full term as CFPB director unless the agency's powers and independence were first gutted. Their intransigence contributes to market uncertainty that ignores at least three things: The CFPB is here to stay; the public wants the CFPB; and, banks lose to payday lenders if the director is not confirmed.

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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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Priority Action

The overuse of antibiotics on factory farms is threatening these lifesaving medicines. Call on big restaurants to do their part and stop buying meat raised with critical antibiotics.

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