News Releases

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 | Consumer Protection

Survey Finds Dangerous Toys on Colorado Store Shelves

Denver, Nov. 20 –Dangerous or toxic toys can still be found on America’s store shelves, according to Colorado Public Interest Research Group’s 27th annual Trouble in Toyland report.

News Release | CoPIRG | Democracy

Amendment 65 Expected to Win Overwhelmingly

Based on early returns, it appears clear that Colorado voters will approve Amendment 65 today by an overwhelming margin and send a clear message to their elected officials – get big money out of our elections.  As of 8pm and with 1.2 million votes reported, Amendment 65 was passing overwhelmingly in counties including Mesa, Douglas, Kit Carson, Boulder and Jefferson.

News Release | CoPIRG | Democracy

Distorted Democracy: Big Money and Dark Money in the 2012 Elections

 

A new analysis of pre-election data from the Federal Election Commission (FEC) and other sources by CoPIRG and Demos shows that outside spending in the first presidential election since Citizens United is living up to its hype: new waves of “outside spending” have been fueled by dark money and unlimited fundraising from a small number of wealthy donors.

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