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Media Hit | Tax

CoPIRG: 362 Fortune 500 firms, including 7 in Colorado, use offshore tax havens

Nearly three-quarters of Fortune 500 companies maintain subsidiaries in offshore tax havens, including seven Colorado-based firms, according to a new report by the Colorado Public Interest Research Group and Citizens for Tax Justice.

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Report | CoPIRG Foundation | Tax

Offshore Shell Games

Most of America’s largest corporations maintain subsidiaries in offshore tax havens. At least 362 companies, making up 72 percent of the Fortune 500, operate subsidiaries in tax haven jurisdictions as of 2013.

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News Release | CoPIRG Foundation | Tax

Study: 70% of Fortune 500 Companies Used Tax Havens in 2013

Tax loopholes encouraged more than 70 percent of Fortune 500 companies – including Colorado’s Liberty Global and Western Union – to maintain subsidiaries inoffshore tax havens as of 2013, according to “Offshore Shell Games,” released today by the 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 62 percent of the total, or $1.2 trillion.

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News Release | CoPIRG Foundation | Safe Energy

VICTORY: PUC Rejects Xcel’s Energy Savings Rollback Proposal

On Wednesday, the Colorado Public Utilities Commission rejected Xcel Energy’s proposal to cut their energy savings programs by nearly a third from their 2014 level. The PUC also tightened up the rules around bonuses that Xcel can generate from meeting their goals and directed Xcel Energy to develop plans for new energy saving opportunities.

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Media Hit | Safe Energy

Don't retreat on Xcel energy efficiency goals

There is no question Xcel Energy's efficiency savings program has been a success since 2009, saving customers nearly 1.6 billion kilowatt-hours a year.

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News Release | CoPIRG Foundation | Democracy

New Study: Modernizing Our Voter Registration System Could Eliminate Millions in Wasteful Spending

A new CoPIRG Foundation study estimated that over $33,467,910.00 of public money from 100 sample counties around the country was spent on simple registration implementation and error-correction issues in 2008.  Colorado counties surveyed included Denver, Mesa and Park.

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News Release | U.S. PIRG Education Fund

Fisher-Price recalled 4.7 million Rock n’Play baby sleepers on Friday. U.S. PIRG Consumer Watchdog Adam Garber issued a response: "“While we’re pleased that Fisher-Price is finally recalling these dangerous sleepers, 30 deaths in 10 years is 30 deaths too many and 10 years too late."

News Release | CoPIRG Foundation

A new report from the CoPIRG Foundation finds that since 2015, a local electronics recycler has had to scrap 66,000 donated but reusable phones because of activation locks, a feature that is increasingly being used by phone manufacturers. The data comes from The Wireless Alliance, an electronics recycler based in Colorado that receives millions of donated phones from across the country every year and underscores how activation locks are undermining the used phone marketplace and unnecessarily contributing to electronic waste.  

Report | CoPIRG Foundation

Donating phones to be reused can reduce electronic waste and save consumers money by fostering a robust used phone marketplace. Unfortunately, the rise of activation locks is leading to the scrapping of tens of thousands of perfectly reusable phones, which fuels the production of more new phones and the pollution that comes with that.

News Release

Read U.S. PIRG's statement on Wells Fargo eliminating some fees for student on debit cards.

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