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Blog Post | Tax

Statement on White House Plan to Close Tax LoopholesAlana MillerPhineas Baxandall

Statement by Alana Miller, Program Associate for the Pennsylvania Public Interest Research Group in response to the White House announcement proposing to eliminate tax loopholes and preferences.

 

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Blog Post | Consumer Protection

Today, CFPB to announce overdraft fee investigation, unveil "penalty box" disclosure, possibly end $39 lattes | Ed Mierzwinski

Would you knowingly agree to pay a $35 fee each time you used your debit card at point of sale, simply to allow you to purchase a $4 latte with only $2 in your account? Even the banks didn't think so, that's why they made “standard overdraft protection” a feature of your checking account that you didn't need to choose. Banks also changed the default switch on debit and ATM cards to allow overdrafts

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Report | PennPIRG Education Fund | Democracy

Business Spending on Super PACs

Contrary to the Supreme Court’s Citizens United ruling, for-profit businesses should not be permitted to spend treasury funds to influence elections. First, most businesses are constrained to participate only to maximize private profit, rather than out of regard for the public good. More important, this spending undermines political equality by allowing wealthy institutions to translate economic success into political power.

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Report | PennPIRG Education Fund | Democracy

Auctioning Democracy

Scholarly and public opinion research demonstrates that big-money dominance of campaigns skews American politics because wealthy donors have different life experiences and policy preferences than average-earning citi- zens.

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News Release | PennPIRG Education Fund | Democracy

New Report Released: Auctioning Democracy: The Rise of Super PACs and the 2012 Election

Philadelphia, PA – Today the PennPIRG Education Fund and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.

 

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