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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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News Release | CoPIRG Foundation | Budget, Tax

Report Exposes How Taxpayers Bear Cost of Corporate Settlements

A new report spotlights a common practice where corporations that commit wrongdoing and agree to financial settlements with the federal government go on to claim such settlement payments as tax-deductible business expenses.

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Report | CoPIRG Foundation | Budget, Tax

SUBSIDIZING BAD BEHAVIOR

BP’s recent $4.5 billion legal settlement with the Justice Department for its misdeeds in the Gulf oil spill was historic for being the largest ever criminal settlement. But it was historic for another reason as well—none of it is allowed to be tax deductible. Unfortunately, too many settlements for wrongdoing end up as tax deductions.

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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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