Financial Reform

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.

Media Hit | Financial Reform

On Tax Day, consumer group urges state taxpayers to protest corporate tax loopholes

Big corporations, including The Boeing Co., avoid up to $100 billion each year in federal taxes by “off-shoring” the profits they make in the United States or by setting up sham headquarters in tax haven countries. As a result, Washington taxpayers are left to make up the difference, according to the Washington Public Interest Research Group.

News Release | WashPIRG | Financial Reform

Off-shore tax havens cost each WA taxpayer $390 extra this year

Major corporations, including Boeing, avoid a total of up to $100 billion each year in federal taxes by “off-shoring” the profits they make in the U.S. or by setting up sham headquarters in tax haven countries. As a result, Washington taxpayers are left to make up the difference.

Media Hit | Financial Reform

Join Efforts to Pass Bank Reform

WashPIRG is calling on consumers to help bring an end to the deceptive practices and wild speculation that brought down the economy.

Media Hit | Financial Reform

Questioning the role of wealthy corporations in our tax structure

Yesterday was the last day for filing federal tax returns for most Americans. A number of anti-tax groups chose the day to stage modern day “Tea Parties.”

Beat High Bank Fees

Banks rely on consumer indifference when they raise fees. They count on consumers not shopping around. PIRG’s Big Banks, Bigger Fees reports routinely find that small banks and credit unions are not following the big banks’ lead; they still offer many free or low cost accounts.

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