News Releases

News Release | WashPIRG Foundation | Tax

Washington Receives a “B-” in Annual Report on Transparency of Government Spending

Washington received a “B-” when it comes to government spending transparency, according to “Following the Money 2013: How the States Rank on Providing Online Access to Government Spending Data,” the fourth annual report of its kind by the WashPIRG Education Fund.  

News Release | WashPIRG | Safe Energy

Hanford Nuclear Waste: No Such Thing as “Safe Storage”

Statement of WashPIRG Advocate Micaela Preskill on the recent announcement that a storage tank at the Hanford Nuclear Reservation has been leaking radioactive waste:
 

News Release | WashPIRG Foundation | Tax

Offshore Tax Dodging Blows a $40 Billion Hole in State Budgets, $150 Billion Nationally

WashPIRG released a new study revealing the real cost of offshore tax loopholes. This tax avoidance costs the federal government $150 billion in tax revenue every year. States lost $39.8 billion due to offshore tax dodging in 2012.  Many of America’s wealthiest individuals and largest corporations use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.

News Release | WashPIRG | Democracy

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. The new study, released by the Washington Public Interest Research Group (WashPIRG), follows a record year of corporate settlements, while many more settlements relating to banking, environmental, and consumer safety issues are expected.

News Release | WashPIRG | Tax

First Step to Avoid the Fiscal Cliff: Close Offshore Tax Loopholes

 

With Congress scrambling to agree on ways to reduce the deficit, WashPIRG points 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 $150 billion in tax revenue each year.  WashPIRG released new data illustrating the size of this loss with 16 dramatic ways $150 billion could be spent.

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