Home

What's New

Report | WISPIRG | Tax

The Tax Haven Tradeoff

Wisconsin could recoup an estimated $28.8 million annually from offshore tax havens by passing a simple, proven reform already on the books in other states.  The so-called “water’s edge” loophole allows multinational companies to use foreign subsidiaries to make it appear as if income earned in the United States was instead earned in offshore tax havens like the Cayman Islands that charge no taxes and have traditionally failed to disclose information to U.S. tax authorities.

> Keep Reading
News Release | WISPIRG | Tax

New Report: Offshore Tax Dodging Hurts Wisconsin Taxpayers, Businesses

A new report by WISPIRG estimates the fiscal impact of closing one loophole in the state tax code on Wisconsin taxpayers and the services they depend on, including education, public safety, and transportation. The report, The Tax Haven Tradeoff: How Offshore Tax Haven Abuse Hurts Wisconsin Taxpayers and Businesses, found that closing the “water’s edge” loophole would save Wisconsin taxpayers $28.8 million annually. 

> Keep Reading
News Release | WISPIRG | Tax

Offshore Tax Havens Cost Average Wisconsin Taxpayer $1054 a Year, Wisconsin Small Business $3966

A new study released by WISPIRG revealed that the average Wisconsin taxpayer in 2013 would have to shoulder an extra $1,054 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals. 

> Keep Reading
Report | WISPIRG Foundation | Budget

Following the Money 2014

This report, U.S. PIRG Education Fund’s fifth annual evaluation of state transparency websites, finds that states are making progress toward comprehensive, one-stop, one-click transparency and accountability for state government spending. Over the past year, new states have opened the books on public spending and several states have adopted new practices to further expand citizens’ access to critical spending information. Many states, however, still have a long way to go to provide taxpayers with the information they need to ensure that government is spending their money effectively.

> Keep Reading

Pages

News Release | WISPIRG | Tax

New Report: Offshore Tax Dodging Hurts Wisconsin Taxpayers, Businesses

A new report by WISPIRG estimates the fiscal impact of closing one loophole in the state tax code on Wisconsin taxpayers and the services they depend on, including education, public safety, and transportation. The report, The Tax Haven Tradeoff: How Offshore Tax Haven Abuse Hurts Wisconsin Taxpayers and Businesses, found that closing the “water’s edge” loophole would save Wisconsin taxpayers $28.8 million annually. 

> Keep Reading
News Release | WISPIRG | Tax

Offshore Tax Havens Cost Average Wisconsin Taxpayer $1054 a Year, Wisconsin Small Business $3966

A new study released by WISPIRG revealed that the average Wisconsin taxpayer in 2013 would have to shoulder an extra $1,054 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals. 

> Keep Reading
News Release | WISPIRG Foundation | Budget

New Report: Wisconsin Receives "A-" in Annual Report on Transparency of Government Spending

Wisconsin received a “A-“ when it comes to government spending transparency, according to “Following the Money 2014: How the 50 States Rate in Providing Online Access to Government Spending Data,” the fifth annual report of its kind by the WISPIRG Foundation. 

> Keep Reading
News Release | WISPIRG | Democracy

Today Supreme Court Ruled for Another Flood of Big Money

On April 2, the U.S. Supreme Court ruled in McCutcheon v. FEC to strike down overall, or aggregate, contribution limits to candidates and political committees. U.S. PIRG research found that this ruling could bring $1 billion in additional campaign contributions from fewer than 2,800 elite donors through the 2020 election cycle.

> Keep Reading
News Release | WISPIRG Foundation | Food

Madison-Area Consumers Call on Roundy’s Supermarkets to Label GMOs, On Anniversary of Whole Foods Labeling Commitment

Consumers and health advocates launched a campaign calling on Roundy’s Supermarkets to label its store-brand products for ingredients derived from genetically modified organisms (GMOs), on the one year anniversary of Whole Foods’ announcement that it will adopt labeling for all products in its stores. 

> Keep Reading

Pages

Victory: CFPB Director Confirmed

On July 16, 2013, the U.S. Senate confirmed Richard Cordray as the director of the Consumer Financial Protection Bureau, giving the bureau its full authority to protect consumers in the financial marketplace and to oversee payday lenders, mortgage companies, private student lenders and credit bureaus. 

> Keep Reading

WISPIRG Blocks Predatory Rent-To-Own Bill

In May 2013, WISPIRG helped defeat a provision that would have given special treatment to the predatory rent-to-own industry, which charges astronomical annual interest rates to rent used or older model products. WISPIRG joined with State Sen. Glenn Grothman, the Wisconsin Catholic Conference, and numerous faith and civic leaders to oppose a special interest exemption that would have eliminated the requirement that rent-to-own businesses disclose an APR.
 

> Keep Reading

One Year Anniversary of CFPB

 

 

 

For the first time, a federal financial agency has placed consumers at the center of its work. That agency, the Consumer Financial Protection Bureau (CFPB), turns one year old on July 21, 2012. The CFPB, established as a centerpiece of the Wall Street Reform and Consumer Protection Act of 2010, is the first federal financial agency with only one job: protecting consumers. It has special responsibilities to protect seniors, military servicemembers and students. The CFPB is also tasked with ensuring fair lending and promoting financial education and literacy. The CFPB protects you no matter where you buy financial products—at a bank, at a credit union, at a mortgage company or a payday lender.

 

> Keep Reading

Keeping Kids’ School Lunches Safe

For years, Wisconsin’s schoolchildren ate substandard chicken and beef—of such poor quality that fast-food chains wouldn’t even serve it. WISPIRG stood up for kids, and the USDA set stronger standards for school lunches.

> Keep Reading
Result | Budget

Making Government More Transparent

WISPIRG advocacy led to the creation of a state website giving Wisconsin taxpayers easily accessible information about state expenditures, providing taxpayers with easily searchable, checkbook-level detail of state expenditures and detailed information about all state contracts.

> Keep Reading

Pages

Report | WISPIRG | Tax

The Tax Haven Tradeoff

Wisconsin could recoup an estimated $28.8 million annually from offshore tax havens by passing a simple, proven reform already on the books in other states.  The so-called “water’s edge” loophole allows multinational companies to use foreign subsidiaries to make it appear as if income earned in the United States was instead earned in offshore tax havens like the Cayman Islands that charge no taxes and have traditionally failed to disclose information to U.S. tax authorities.

> Keep Reading
Report | WISPIRG Foundation | Budget

Following the Money 2014

This report, U.S. PIRG Education Fund’s fifth annual evaluation of state transparency websites, finds that states are making progress toward comprehensive, one-stop, one-click transparency and accountability for state government spending. Over the past year, new states have opened the books on public spending and several states have adopted new practices to further expand citizens’ access to critical spending information. Many states, however, still have a long way to go to provide taxpayers with the information they need to ensure that government is spending their money effectively.

> Keep Reading
Report | WISPIRG | Democracy

McCutcheon Money

This term, the Supreme Court is considering a challenge to aggregate contribution limits in a case called McCutcheon v. FEC. The current limit on what one person may contribute to all federal candidates, parties and PACs is $123,200.1 Absent this limit, one wealthy donor would be permitted to contribute more than $3.5 million to a single party’s candidates and party committees (plus a virtually unlimited amount to supportive PACs). 

> Keep Reading
Report | WISPIRG Foundation | Financial Reform

Debt Collectors, Debt Complaints

This is the fifth in a series of reports that review complaints to the CFPB nationally and on a state-by-state level. In this report we explore consumer complaints about debt collection, with the aim of uncovering patterns in the problems consumers are experiencing with debt collectors and documenting the role of the CFPB in helping consumers successfully resolve their complaints.

> Keep Reading

Pages

Blog Post | Transportation

Support SB259 - Supporting Better Transit in Wisconsin | Bruce Speight

Testimony by WISPIRG's Bruce Speight in support of SB259, which would allow the Fox Valley to create a Regional Transit Authority (RTA). Municipal leaders across Wisconsin are eagerly seeking better transit in their communities for its economic development benefits, to appeal to a new generation that is less focused on driving, and to connect workers to jobs.  Efficient public transportation systems would make Wisconsin’s transportation future better for everyone by reducing traffic congestion and pollution and increasing our options for getting around.

> Keep Reading
Blog Post | Democracy

Oppose AB225 - More Big Money in WI Elections Bill | Bruce Speight

Testimony by WISPIRG's Bruce Speight regarding AB225, a bill that, if passed, would double campaign contribution limits in WIsconsin.  Political power in Wisconsin and across the country is already concentrated in the hands of an elite fraction of the population.  Increasing contribution limits will give an even bigger megaphone to this miniscule fraction of people who can write the biggest checks. 

> Keep Reading
Blog Post | Financial Reform

CFPB Gets Results for Consumers, Slams Chase for Deceptive Card Add-ons | Ed Mierzwinski

 On September 19, 2013, the CFPB announced it had imposed a $20 million civil penalty on JP Morgan Chase and ordered it to refund $309 million to over 2 million consumers for deceptively marketing junky credit card add-on products, some of which consumers didn't even receive. (The Office of the Comptroller of the Currency (OCC), Chase's previous consumer regulator, also added a $60 million penalty.)

> Keep Reading
Blog Post | Democracy

Wisconsin Bill Would Double Campaign Contribution Limits, Increase Big Money in Politics | Bruce Speight

On June 10, the Wisconsin General Assembly passed a bill that, if passed by the Senate, would double the contribution limits to Wisconsin political campaigns and allow big money to further drown out the voices of Wisconsin voters. The bill also contains a provision to implement an online registration system — a great idea, but not enough to make this big-money bill worth passing.
 

> Keep Reading
Blog Post | Democracy

IRS Scandal Highlights Need for Increased Transparency in Campaign Financing | Bruce Speight

The public has long agreed that transparency in campaign spending is critical to the integrity of our democracy. The Supreme Court acknowledged this common-sense proposition in its notorious 2010 Citizens United decision: even as they opened the door for dark money to enter our elections by allowing all corporations, including nonprofits, to spend directly on elections, the majority of Justices reaffirmed the long-standing notion that the identity of campaign donors must be disclosed.
 

> Keep Reading

Pages

PRIORITY ACTION

Tell your senator that patients can't afford to wait another day. We need to end "Pay for Delay" right now.

Support Us

Your donation supports WISPIRG's work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.