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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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Report | CoPIRG Foundation | Budget, Tax

WHAT AMERICA COULD DO WITH $150 BILLION LOST TO OFFSHORE TAX HAVENS

Many corporations and wealthy individuals use offshore tax havens—countries with minimal or no taxes—to avoid paying $150 billion in U.S. taxes each year. By shielding their income from U.S. taxes, corporations and wealthy individuals shift the tax burden to ordinary Americans, who must pick up the tab in the form of cuts to public services, more debt, or higher taxes. The $150 billion lost annually to offshore tax havens is a lot of money, especially at a time of difficult budget choices. To put this sum in perspective, we present 16 potential ways that income could be used.

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News Release | CoPIRG Foundation | Budget, Tax

First Step to Avoid the Fiscal Cliff: Close Offshore Tax Loopholes

With Congress scrambling to agree on ways to reduce the deficit, U.S. PIRG released a new analysis pointing out a clear first step to avoid the “fiscal cliff”: closing offshore tax loopholes. Many of America’s largest corporations and wealthiest individuals use accounting gimmicks to shift profits made in America to offshore tax havens, where they pay little to no taxes. This tax avoidance costs the federal government an estimated $150 billion in tax revenue each year.  CoPIRG’s new data illustrates the size of this loss with 16 dramatic ways $150 billion could be spent.

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News Release | CoPIRG Foundation | Democracy

New Report Details Latest Campaign Finance Numbers on Outside Spending

Unlimited outside spending fueled by a small number of wealthy donors is poised to have an outsized impact on the 2012 elections, according to a new report analyzing the latest campaign filings.

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Report | CoPIRG Foundation | Democracy

Million-Dollar Megaphones

Outside spending by organizations that aggregate unlimited contributions from wealthy individuals and institutions is playing a significant role in the 2012 election cycle, and much of it is not disclosed.

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News Release | U.S. PIRG Education Fund

This coming Monday, June 1, will mark the third full month that bills are due since COVID-19 was declared a national state of emergency in March. To help Americans manage their finances, U.S. PIRG Education Fund has published an updated guide with tips on what to do about paying bills during the crisis.

Blog Post

Five percent of the roads in the City and County of Denver account for fifty percent of the fatalities. These roads are often referred to as the High Injury Network and they are primarily arterials – the larger roads that cut across Denver. Think Federal, Colorado, and Colfax. Last week, CDOT stepped up to focus dollars on safety and multimodal improvements on them. 

Blog Post

This week, a coalition of zero waste advocates sent a letter to Governor Polis outlining our recommendations for reopening restaurants and retail stores without unnecessarily increasing the use of single-use products. As the letter states – “It’s a false choice to have to choose between reducing unnecessary waste and protecting our residents and employees from COVID-19.”

News Release | CoPIRG Foundation and the Denver Streets Partnership

The Denver Streets Partnership issued its second annual report card and awarded an overall grade of C+ for the City and County of Denver's progress to meet their own Vision Zero Action Plan aimed at eliminating traffic fatalities and serious injuries. The Report Card focuses specifically on Denver’s progress meeting their goals on street safety improvements, such as building sidewalks and bike lanes.

News Release | U.S. PIRG Education Fund

Consumer complaints to the U.S. Federal Trade Commission (FTC) related to the coronavirus approached 50,000 on Tuesday. U.S. PIRG Education Fund has documented the actions taken by the FTC and 14 other federal agencies in response to coronavirus scams.

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