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News Release | WashPIRG Foundation | Tax

Offshore Tax Dodging Blows a $40 Billion Hole in State Budgets, $150 Billion Nationally

WashPIRG released a new study revealing the real cost of offshore tax loopholes. This tax avoidance costs the federal government $150 billion in tax revenue every year. States lost $39.8 billion due to offshore tax dodging in 2012.  Many of America’s wealthiest individuals and largest corporations use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.

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Report | WashPIRG Foundation | Tax

The Hidden Cost of Offshore Tax Havens

When U.S. corporations and wealthy individuals use offshore tax havens to avoid paying taxes to the federal government, it is an abuse of our tax system. Tax haven abusers benefit from our markets, infrastructure, educated workforce, and security, but they pay next to nothing for these benefits. Ultimately, taxpayers must pick up the tab, either in the form of higher taxes, cuts to public spending priorities, or increased national debt.

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News Release | WashPIRG Foundation | Budget

Seattle Receives a Grade of "C+" for Spending Transparency

Seattle received a grade of “C+” for spending transparency, according to a new report released today by WashPIRG. The report reviews Seattle’s progress toward comprehensive, one-stop, one-click budget accountability and accessibility.

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Report | WashPIRG Foundation | Budget

Transparency in City Spending

The ability to see how government uses the public purse is fundamental to democracy. Transparency in government spending checks corruption, bolsters public confidence, improves responsiveness, and promotes greater effectiveness and fiscal responsibility.

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News Release | WashPIRG | Democracy

Report Exposes How Taxpayers Bear Cost of Corporate Settlements

A report released today 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. The new study, released by the Washington Public Interest Research Group (WashPIRG), follows a record year of corporate settlements, while many more settlements relating to banking, environmental, and consumer safety issues are expected.

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News Release | WashPIRG | Financial Reform

Keeping Foxes In Charge of the Chicken Coop

With overwhelming public support that continues, Congress in July 2010 passed important new financial rules and created the Consumer Financial Protection Bureau (CFPB) to oversee and regulate financial services from a consumer-based perspective. Now, less than two months before the landmark consumer cop takes over, the U.S. House of Representatives is poised to “stick a knife in its ribs,” in the words of Elizabeth Warren, who has been tasked by President Obama with running the CFPB.

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Media Hit | Food

OBESITY: Farm subsidies make unhealthy food cheap

Letter by Steve Breaux, Seattle

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News Release | WashPIRG | Financial Reform

Two Years After Passing the Credit CARD Act, Congress Steps Up Attacks on Consumer Cop Designed to Enforce It

“The Credit CARD Act of 2009 has eliminated numerous credit card tricks and traps without causing skyrocketing interest rates or any of the other horrible side-effects that the banks once warned about.  In spite of that success, the banks and their Congressional allies are now seeking to eliminate the CFPB, the new consumer cop created to enforce the CARD Act and protect consumers from other tricks of the trade, like deceptive mortgage practices and unfair overdraft fees.

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News Release | WashPIRG | Democracy

Governor to sign watered-down campaign finance legislation

Governor Gregoire today is expected to sign legislation that was originally intended to curb campaign finance abuses in Washington, although the bill presented to her contains significantly fewer limits on abuses than it started with.

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News Release | WashPIRG | Consumer Protection

Chemical Threat Persists in Food and Beverage Packaging

Fourteen of the largest public packaged food and beverage companies still use the toxic chemical bisphenol A (BPA) in their packaging despite studies linking the synthetic sex hormone to developmental problems, heart disease and diabetes, according to a new report by investors Green Century Capital Management (“Green Century”) and As You Sow. 

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Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Obama administration to put an end to the worst practices.

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