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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.

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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. 

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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. 

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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.

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News Release | WISPIRG | Democracy

On Day of Oral Argument in McCutcheon V. FEC, Wisconsinites Gather to Push Back on Big Money in Politics, Demand Statewide Referendum

On October 8, the Money Out, Voters In coalition, representing thousands of Wisconsinites and 35 community organizations, gathered at State Capitol to push back on the power of big money in elections, as the U.S. Supreme Court today heard oral arguments in McCutcheon v. FEC. The grassroots movement of Wisconsinites is calling on the state legislature and Governor to give the people of Wisconsin a say in the future of our democracy and pass Assembly Joint Resolution 50 (AJR50), which would bring a statewide referendum to the people in November 2014, asking voters whether Wisconsin elected leaders should support a constitutional amendment overturning Citizens United.  Citizens United opened the floodgates to outside spending in elections.

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News Release | WISPIRG Foundation | Transportation

New Study Finds Technology Enabling Americans to Drive Less

In a first-of-its-kind study, WISPIRG compiled nation-wide evidence on transportation apps and vehicle sharing programs, like Madison Metro’s Bus Radar, Community Car and B-Cycle, and found that these advanced new tools have made it easier for Americans to drive less. Real-time apps and on-board wi-fi for public transit, as well as carsharing, bikesharing and ridesharing have spread rapidly in recent years. The report examines new evidence on how these practices are changing travel behavior.

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News Release | WISPIRG Foundation | Financial Reform

New Report Identifies Banks Consumers Complain About Most

Thousands of Americans are using the Consumer Financial Protection Bureau’s public Consumer Complaints Database to settle disputes with their banks, according to a new report from the WISPIRG Foundation. The report highlights banks that generated the most complaints through their various banking services in each state.

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Media Hit | Democracy

We don’t need more money in politics

Outside the Capitol, citizens of every political stripe believe money is playing far too great a role in elections, is having a poisonous effect on governing and needs to be reined in.  But a bill already passed by the state Assembly and headed to the state Senate this fall takes the position that there is not enough big money in politics and even larger campaign contributions are needed.

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News Release | WISPIRG | Democracy

Coalition Urges Senate to Reject AB225, ‘More Big Money in Politics’ Bill

A broad statewide coalition of citizen and public interest organizations are calling on the state Senate to reject AB225, a bill that would double contributions limits to Wisconsin political campaigns and allow big money to further drown out the voices of Wisconsin voters. 
 

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Report | WISPIRG Foundation | Financial Reform

Big Banks, Big Complaints

The Consumer Financial Protection Bureau (CFPB) has created and made available to the public the Consumer Complaint Database. The database tracks complaints made by consumers to the CFPB and the responses of financial institutions to those complaints. The Consumer Complaint Database enables the CFPB to identify financial practices that threaten to harm consumers and enables the public to evaluate both the performance of the financial industry and of the CFPB.

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Report | WISPIRG | Food

Apples to Twinkies 2013

 
 

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Report | WISPIRG | Health Care

Top 20 Pay for Delay Drugs

Too often, consumers are forced to shoulder a heavy financial burden, or even go without needed medicine, due to the high cost of brand-name drugs. Our research indicates that one significant cause is the practice called “pay for delay,” which inflates the drug prices paid by tens of millions of Americans.
 

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Report | WISPIRG | Higher Ed

Issue Brief: Student Loan Debt in Wisconsin

If Congress fails to act, on July 1 the interest rate on subsidized Stafford student loans will double, from 3.4 percent to 6.8 percent. A 2007 college affordability plan lowered the rate, but expired in 2012. Last year, President Obama and Congress extended the low rate for one year.
 

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Report | WISPIRG Foundation | Transportation

Road Overkill

A new report from the WISPIRG Foundation finds that usage of seven recently completed highways has not developed as projected, and questions whether building massive and costly new highways is the best way to spend Wisconsin’s scarce transportation resources. The report, Road Overkill: Wisconsin Spends Big on Questionable Highways Even as Driving Declines, also finds that Wisconsinites are driving less per capita today than we did in 1997, further raising doubts as to whether expensive new highways are the best investments for Wisconsin’s transportation future. 

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Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Obama administration to put an end to the worst practices.

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