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News Release | CoPIRG Foundation and Citizens for Tax Justice | Tax

Study: 72% of Fortune 500 Companies Used Tax Havens in 2014

 

Denver, October 6 – Tax loopholes encouraged more than 72 percent of Fortune 500 companies – including Western Union, Level Three Communications, and Arrow Electronics here in Colorado – to maintain subsidiaries in offshore tax havens as of 2014, according to “Offshore Shell Games,” released today by CoPIRG Foundation and Citizens for Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 65 percent of the total, or $1.35 trillion.

 

 

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Report | CoPIRG Foundation and Citizens for Tax Justice | Tax

OFFSHORE SHELL GAMES 2015

U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to the tax code. Rather than paying their full share, many multinational corporations use accounting tricks to pretend for tax purposes that a substantial portion of their profits are generated in offshore tax havens, countries with minimal or no taxes where a company’s presence may be as little as a mailbox. Multinational corporations’ use of tax havens allows them to avoid an estimated $90 billion in federal income taxes each year.

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Blog Post | Consumer Protection

We went to a VW Dealership today | Danny Katz

Today, I went to a VW dealership with one of the 482,000 VW owners who unknowingly purchased a “clean” diesel vehicle that was designed to get away with violating the law. I went there to encourage dealerships to join with VW customers and call on VW to give people their money back for these misleading vehicles.

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Blog Post | Public Health

Meet the [antibiotic-free] Chef: Hosea Rosenberg, BlackBelly | Anya Vanecek

Recently, I sat down with Chef Hosea Rosenberg, owner of BlackBelly restaurant in Boulder, CO, to find out why antibiotic-free meat was as good for business as it is for public health.

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News Release | U.S. PIRG | Consumer Protection

We Commend CFPB For Adding Consumer Stories To Public Complaint Database

Yesterday, the CFPB published the first batch (7,700) of consumer narratives or stories to the Public Consumer Complaint Database it began in 2011. We've used the database to publish five reports (so far) analyzing complaint trends in markets ranging from credit cards to student loans but we have also long urged the voluntary addition of stories to the data fields. Now, consumers can learn if what happened to them happened to anyone else. Now, researchers can track which banks are more responsive to particular problems and which ignore their customers. A good resource is now an excellent resource.

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News Release | CoPIRG Foundation | Consumer Protection

Report: Capitol One Most-Complained-About Credit Card Company in Colorado

Colorado consumers file more complaints about Capitol One than any other credit card company, according to a report released today by CoPIRG Foundation.The report, which looked at data from the Consumer Financial Protection Bureau’s (CFPB) public Consumer Complaints Database, also found that Colorado consumers are 12th most likely to file credit card complaints.

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News Release | CoPIRG Foundation | Transportation

Denver Sees 9th Largest Drop in Driving Per Capita

A first-of-its-kind report by CoPIRG Foundation shows reduced driving miles and rates of car commuting in Colorado’s largest urbanized areas, Denver and Colorado Springs. In addition, both cities saw greater use of public transit and Denver saw greater use in biking.

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Annual ‘Dangerous Toys’ list released in time for holidays

Some toys may be worth passing up this holiday season due to risks including choking, noise hazards and lead poisoning, according a new report.

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CoPIRG Releases Annual ‘Trouble In Toyland’ Report

Toys have gotten safer in recent years but there are still plenty of dangerous ones parents might want to avoid. On Tuesday the Colorado Public Interest Research Group (CoPIRG) released the annual “Trouble in Toyland” report about those toys.

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Report | CoPIRG Foundation | Budget, Tax

Following the Money 2011

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Report | CoPIRG Foundation | Health Care

The Cost of Repeal

This report examines the costs and benefits of repealling the Affordable Care Act for the taxpayers, consumers, and businesses of our state.

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Report | CoPIRG Foundation | Budget, Tax, Transportation

Do Roads Pay for Themselves?

Highways do not – and, except for brief periods in our nation’s history, never have – paid for themselves through the taxes that highway advocates label “user fees.” Yet highway advocates continue to suggest they do in an attempt to secure preferential access to scarce public resources and to shape how those resources are spent.

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Report | CoPIRG Foundation | Safe Energy

Smart Savings

There are many practical ways to use energy more efficiently to save Coloradans money and protect public health.  Our report looks at 10 different policies.

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Report | CoPIRG Foundation | Budget, Tax

Following the Money 2010

The ability to see how government uses the public purse is fundamental to democracy. This report rates the 50 States in how well they provide online access to government spending data.

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