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Positive Steps on Arbitration Clauses | Danny Katz

Today, I had the honor of speaking with members of the Consumer Financial Protection Bureau (CFPB) who were in town to announce positive steps to protect consumers when in comes to forced arbitration clauses. Forced arbitration clauses eliminate Americans’ access to the courts, forcing them instead into a private system set up by corporations to favor corporations.

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News Release | CoPIRG Foundation and Citizens for Tax Justice | Tax

Study: 72% of Fortune 500 Companies Used Tax Havens in 2014

 

Denver, October 6 – Tax loopholes encouraged more than 72 percent of Fortune 500 companies – including Western Union, Level Three Communications, and Arrow Electronics here in Colorado – to maintain subsidiaries in offshore tax havens as of 2014, according to “Offshore Shell Games,” released today by 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 65 percent of the total, or $1.35 trillion.

 

 

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Report | CoPIRG Foundation and Citizens for Tax Justice | Tax

OFFSHORE SHELL GAMES 2015

U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to the tax code. Rather than paying their full share, many multinational corporations use accounting tricks to pretend for tax purposes that a substantial portion of their profits are generated in offshore tax havens, countries with minimal or no taxes where a company’s presence may be as little as a mailbox. Multinational corporations’ use of tax havens allows them to avoid an estimated $90 billion in federal income taxes each year.

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Blog Post | Consumer Protection

We went to a VW Dealership today | Danny Katz

Today, I went to a VW dealership with one of the 482,000 VW owners who unknowingly purchased a “clean” diesel vehicle that was designed to get away with violating the law. I went there to encourage dealerships to join with VW customers and call on VW to give people their money back for these misleading vehicles.

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News Release | CoPIRG | Consumer Protection

Volkswagen Customer Asks Dealership & Headquarters to Buy Back Defective Diesel Car

This morning, Marcus Moench, a Boulder resident, drove to the Gebhardt Volkswagen dealership and asked the dealership to buy back his 2010 Jetta Sportswagen TDI diesel car at the full original purchase price, not the current “blue book” value, to compensate for the harm of being deceived into driving a polluting vehicle. This action is part of the CoPIRG Foundation’s “Make VW Pay” campaign to hold Volkswagen accountable for deceiving half a million U.S. consumers into buying pollution-spewing cars that led to massive, undeserved profits.

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Media Hit

Thousands Missing Out on Energy Rebates

A new report shows thousands of Coloradans are missing out on energy savings because of the side of the street that they live on. The scenario that plays out across the state, including in Grand Junction where Xcel grids meet Grand Valley Power grids.

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Media Hit

The Other Side of the Street, Energy Cost Savings

A new report shows thousands of Coloradans are missing out on energy cost savings based on what side of the street they live on.

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Media Hit | Financial Reform

Bank of America leads charge in fee changes

Bank of America  customers will now pay $5 a month for purchases they make with their debit cards as the bank moves to recoup an estimated $6.6 billion in lost revenue.

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News Release | CoPIRG Foundation | Safe Energy

Thousands are Missing Out on Energy Cost Savings

Thousands of Coloradans are missing out on important energy costs savings program simply because of the side of the street they live on according to a new report released today by CoPIRG

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Media Hit | Food

Opinion: Glass Half Full...of Corn Syrup

Opinion piece by Director Danny Katz on ending agricultural subsidies that fuel obesity.

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