News Releases

News Release | U.S. PIRG Education Fund | Tax

Study: 73% of Fortune 500 Companies Used Tax Havens in 2015

In 2015, more than 73 percent of Fortune 500 companies maintained subsidiaries in offshore tax havens, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Collectively, multinationals reported booking $2.5 trillion offshore, with just 30 companies accounting for 66 percent of this total. By indefinitely stashing profits in offshore tax havens, corporations are avoiding up to $717.8 billion in U.S. taxes. 

News Release | U.S. PIRG | Democracy

California Gov. Jerry Brown Signs Law Enabling Citizen-Funded Election Reforms

On Thursday, California Gov. Jerry Brown signed SB 1107 into law, enabling California cities, counties, and the state to enact small donor matching programs that amplify the voices of voters in local elections. Under a small donor empowerment system, candidates who voluntarily opt in and agree to turn down large contributions receive limited public matching funds for each small contribution they secure.

News Release | U.S. PIRG & Friends of the Earth | Public Health

Olive Garden, Darden Restaurants under investor pressure to ditch routine antibiotics

Darden Restaurants, the nation’s largest restaurant company and owner of Olive Garden, is facing pressure from investors today at its annual shareholder meeting to eliminate the routine use of antibiotics in its supply chain, a practice that can fuel the spread of drug resistant bacteria.

News Release | U.S. PIRG | Democracy

Shutdown Nears, Budget Bill Fails on Secret Money, Flint Concerns

On Tuesday, the Senate failed to pass a short-term budget bill to keep the government running due to opposition over a secret-money rider and a lack of federal funding to address the Flint water crisis. The proposed secret-money rider would prohibit the SEC from strengthening corporate disclosure laws by requiring transparency of secret political spending.

News Release | Democracy

Broad Coalition Urges Sen. McConnell to Drop Secret-Money Rider

On Monday, 37 organizations signed an open letter to Senate Majority Leader Mitch McConnell, urging McConnell to reject any poison pill language in budget legislation that would prohibit the Securities and Exchange Commission from strengthening corporate disclosure laws by requiring transparency of secret political spending. A proposed secret-money rider is a sticking point in Senate budget negotiations, as lawmakers debate a continuing resolution which must pass by the end of September to keep the government open. 

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