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News Release | MASSPIRG Education Fund | Budget, Tax

Offshore Tax Dodging Blows a $1.6 Billion Hole in Massachusetts Budget

With Massachusetts in the midst of a budget crisis, MASSPIRG, joined by business leaders and elected officials, released a new study revealing that Massachusetts lost $1.6 billion due to offshore tax dodging in 2012. Many of America’s wealthiest individuals and largest corporations, including Wells Fargo, Citigroup, McDonalds, Target, Costco, Exxon Mobil, Intel, and Coca-Cola, and Sears  use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.

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Report | MASSPIRG Education Fund | Budget, Tax

The Hidden Costs of Offshore Tax Havens

When U.S. corporations and wealthy individuals use offshore tax havens to avoid paying taxes to the federal government, it is an abuse of our tax system. Tax haven abusers benefit from our markets, infrastructure, educated workforce, and security, but they pay next to nothing for these benefits. Ultimately, taxpayers must pick up the tab, either in the form of higher taxes, cuts to public spending priorities, or increased national debt. Massachusetts alone lost $1.66 billion in 2012.

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News Release | MASSPIRG, Coalition to Update the Bottle Bill | Solid Waste

Updated Bottle Bill Builds Steam

In a sign that the Updated Bottle Bill has more support on Beacon Hill than ever before, the final tally of cosponsors in the Legislature included the highest number the bill has ever garnered, coming at at 95 (75 in the House, 25 in the Senate). Giving the measure even more momentum, on Friday, Executive Office of Energy and Environmental Affairs Secretary Rick Sullivan proposed an increase in the bottle bill handling fee.  This handling fee (which has nothing to do with the 5-cent deposit) is what the bottling industry pays redemption centers, grocery stores, and other businesses for collecting and transporting bottles and cans for recycling.

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Media Hit | Budget, Tax

Bill aims to woo Broadway-bound shows

Deirdre Cummings, the legislative director for the Massachusetts Public Interest Research Group, does not want any new tax credits until there is a proper study done to determine the value of existing credits.

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News Release | MASSPIRG | Consumer Protection, Financial Reform

MASSPIRG Commends President for Renomination of Richard Cordray to Head CFPB

President renominates Richard Cordray as director of the Consumer Financial Protection Bureau.

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News Release | MASSPIRG | Budget, Tax

Recipients of Corporate Tax Breaks Revealed

MASSPIRG praised today’s release by the Department of Revenue detailed information about  who receives some $170 million in certain corporate tax breaks. 

“This is great news,” said Deirdre Cummings, Legislative Director for MASSPIRG, “any investment of public dollars in private enterprises must be held to the highest level of transparency and accountability. The legislature and the Administration should be commended for their leadership in making government spending more transparent and accountable.”

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Shoppers want to Stick with Price Stickers

If supermarkets and some big box retailers like BJ's Wholesale Club get their way on Beacon Hill, shoppers may soon have to play "Guess the Price" in the food aisle.

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News Release | MASSPIRG | Higher Ed

Banks Skim Millions in Fees off of the Backs of Students

“Campus debit cards are wolves in sheep’s clothing,” observed MASSPIRG Staff Attorney Lizzi Weyant. “Students think they can freely access their money, but instead their aid is being eaten up by bank fees. It’s outrageous.”

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News Release | MASSPIRG and the Massachusetts Sierra Club | Solid Waste

It's time to bring the Bottle Bill Update to the floor for a vote

Big business has been using their influence to "bottle up" the bottle bill update for 14 years. Despite overwhelming support for the update by the public (77% support an update according a poll by Mass Inc), Gov. Deval Patrick, and a majority of state legislators, the bill is still stalled.

It's time to bring the Bottle Bill Update to the floor for a vote.

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Stick to Stickers

Shoppers need more and clearer price information, not less. The bill gutting the price sticker law, passed in the House last week in an informal legislative session with no recorded roll call vote, is a pro-big-business, anti-consumer bill. Let’s hope the Senate will stand up for consumers.

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