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News Release | CoPIRG Foundation | Tax

Government Agencies Allow Corporations to Write Off Billions in Federal Settlement Payments

A new study by Colorado Public Interest Research Group (CoPIRG) Foundation analyzes which federal agencies allow companies to write off out-of-court settlements as tax deductions and which agencies are transparent about these deals. The study found that five of the largest government agencies that sign settlement agreements with corporations rarely specify the tax status of the resulting payments. Billions of dollars are allowed to be written off as cost of doing business tax deductions. Additionally, the report found that major government agencies do not consistently disclose the details of corporate settlement agreements.

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Report | CoPIRG Foundation | Tax

Settling for a Lack of Accountability?

When large companies harm the public through fraud, financial scams, chemical spills, dangerous products or other misdeeds, they almost never just pay a fine or penalty, as ordinary people would. Instead, these companies negotiate out-of-court settlements that resolve the charges in return for stipulated payments or promised remedies. These agreements, made on behalf of the American people, are not subject to any transparency standards and companies often write them off as tax deductions claimed as necessary and ordinary costs of doing business.

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News Release | CoPIRG Foundation | Consumer Protection

30th Annual Survey Finds Dangerous Toys on Store Shelves

Dangerous or toxic toys can still be found on America’s store shelves, according CoPIRG Foundation’s 30th annual Trouble in Toyland report. The survey of potentially hazardous toys found that, despite recent progress, consumers must still be wary when shopping this holiday season.

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Report | CoPIRG Foundation | Consumer Protection

Trouble in Toyland 2015

For 30 years, CoPIRG Foundation has conducted an annual survey of toy safety, which has led to over 150 recalls and other regulatory actions over the years, and has helped educate the public and policymakers on the need for continued action to protect the health and wellbeing of children. Check out the 2015 survey.

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Blog Post | Transportation

Transportation policy is health policy | Sean Doyle

While transportation is often just thought of as how we get from point A to point B, the way we choose to do so can have important consequences on our physical health, air quality, safety, the development of our cities, and how we interact within them.

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GM to pay maximum fine of $35 million over delayed recall

General Motors agreed to pay a $35 million fine to settle a federal probe into the 10-year delay of its ignition switch recall, federal safety regulators announced Friday.

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Media Hit | Safe Energy

Xcel wants PUC to lighten up on efficiency rules

"Not using a kilowatt of energy is the cheapest energy there is," said Danny Katz, the director of the Colorado Public Interest Research Group (CoPIRG), an environmental advocacy group. "We think there's more to be done."

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News Release | CoPIRG Foundation | Safe Energy

6,100 Coloradans Tell PUC: Don’t Let Xcel Roll Back Energy Savings

A coalition of groups including the CoPIRG Foundation and Environment Colorado delivered over 6,000 petitions and dozens of letters from elected officials to the Public Utilities Commission (PUC), calling on them to reject a proposal by Xcel Energy to scale back their energy savings programs. At stake is $600 million in savings for Xcel’s approximately 1.4 million customers.

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News Release | CoPIRG Foundation | Budget

Colorado Takes Big Jump in Transparency of Government Spending

Colorado took a big jump forward in the transparency of its government spending according to Following the Money 2014: How the States Rank on Providing Online Access to Government Spending Data, the fifth annual report of its kind by the CoPIRG Foundation. After receiving a “D+” in 2013 and placing in the bottom ten states, Colorado jumped to a “B” and placed in the top 20 by implementing improvements like making over 19,000 public subsidies totaling $500 million accessible online.

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Congress to seeks answers about why GM, gov't didn't act sooner to recall cars with defect

New General Motors CEO Mary Barra has been cooperative with members of Congress investigating why the company did not act sooner to address a potentially deadly defect in some of its small cars, U.S. Rep. Diana DeGette said.

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Report | CoPIRG Foundation | Budget

Following the Money 2013

Every year, state governments spend tens of billions of dollars through contracts with private entities for goods and services, subsidies to encourage economic development, grants, and other forms of spending. Accountability and public scrutiny are necessary to ensure that state funds are well spent.

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Report | CoPIRG Foundation | Budget, Tax

The Hidden Cost of Offshore Tax Havens

In 2011, Colorado lost approximately $504 million in tax revenues from corporations and wealthy individuals who sheltered money in foreign tax havens. Multinational corporations account for more than $310 million of the lost tax revenue, and wealthy individuals account for the rest.

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Report | CoPIRG Foundation | Budget, Tax

The Hidden Cost of Offshore Tax Havens

In 2011, Colorado lost approximately $504 million in tax revenues from corporations and wealthy individuals who sheltered money in foreign tax havens. Multinational corporations account for more than $310 million of the lost tax revenue, and wealthy individuals account for the rest.

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Report | CoPIRG | Democracy

Billion-Dollar Democracy

 

The first presidential election since Citizens United lived up to its hype, with unprecedented outside spending from new sources making headlines. This is Demos and CoPIRG Foundation's analysis of reports from campaigns, parties, and outside spenders to the Federal Election Commission to find our big money system distorts democracy and creates clear winners and losers.

 

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Report | CoPIRG | Democracy

Outsized Spending in Colorado

The 2012 elections were by far the most expensive in history thanks primarily to the tidal wave of outside, special interest money triggered by the Supreme Court’s Citizens United decision.

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