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Report | PennPIRG and Demos | Democracy

Billion-Dollar Democracy

The first presidential election since Citizens United lived up to its hype, with unprecedented outside spending from new sources making headlines. Demos and the PennPIRG Education Fund's analysis of reports from campaigns, parties, and outside spenders to the Federal Election Commission found that our big money system distorts democracy and creates clear winners and losers: Wealthy Donors Over Average Citizens, Special Interests Over the Public Interest, Incumbents Over Challengers & Grassroots Candidates, Secret Spenders Over Voters Seeking Accountability.

 

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News Release | PennPIRG | Tax

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.

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Report | PennPIRG | 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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News Release | PennPIRG | Tax

First Step to Avoid the Fiscal Cliff: Close 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 $150 billion in tax revenue each year.  PennPIRG released new data illustrating the size of this loss with 16 dramatic ways $150 billion could be spent.

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Report | PennPIRG | 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. Americans, who must pick up the tab in the form of cuts to public services, more debt, or higher taxes.

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News Release | Transportation

Hundreds of Local Businesses Endorse More and Better Public Transportation

PHILADELPHIA, PA – Nearly 400 small business owners, church leaders and local elected officials have teamed up with PennPIRG, the statewide consumer advocacy group, to endorse 21st century transportation in Pennsylvania.

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News Release | PennPIRG | Safe Energy

Tragedy in Japan a Terrifying Reminder of the Risks of Nuclear Power

Philadelphia, PA, Mar. 16 - Statement of PennPIRG State Director Megan DeSmedt, in response to the nuclear crisis at the Fukushima Daiichi Nuclear Power Station.

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News Release | PennPIRG | Higher Ed

PennPIRG Urges Senator Casey to Support Student Aid Reform

Today, PennPIRG announced that it will urge students and families to call Senator Casey in support of the Student Aid and Fiscal Responsibility Act (SAFRA).   In response to a multi-million dollar lobbying campaign by the student loan industry, some Senators are opposing SAFRA, a common-sense plan that would cut government waste, make college more affordable for hundreds of thousands of students, invest in our colleges, and expand our economy.

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News Release | PennPIRG Education Fund | Transportation

Mad Men Make Online Pitch for High Speed Rail

WASHINGTON, March 9 –Two lead actors from the hit television show Mad Men throw their support behind high-speed rail in a humorous new online video posted today on Funnyordie.com. The actors and U.S. PIRG, a national advocacy organization, developed the video in conjunction with the popular online video site as a way to reach new audiences and build excitement for high-speed rail projects around the country.

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Media Hit | Budget

Philadelphia Group Says US House Isn’t Budget-Cutting In Public’s Interest

“Tough choices should only come after easy ones,” she told KYW Newsradio today.  “And it’s hard to imagine how cuts to Pell grants, food safety, and clean water standards came before eliminating wasteful subsidies and closing corporate tax loopholes and handouts for companies like BP, Goldman Sachs, and Exxon Mobil.”

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