News Releases

News Release | CoPIRG Foundation | Budget, Tax

New Report: Colorado Receives a “D+” in Annual Report on Transparency of Government Spending

The CoPIRG Foundation released its 4th annual study, titled "Following the Money 2013: How the 50 States Rate in Providing Online Access to Government Spending Data." The report examines how transparent Colorado makes its spending compared to the other 49 states.

News Release | CoPIRG Foundation | Budget, Tax

Offshore Tax Dodging Blows a $504 Million Hole in Colorado Budget:

With Colorado’s state budget stretched thin, CoPIRG released a new study revealing that Colorado lost $504 million due to offshore tax dodging in 2012. 

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.

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.

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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