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News Release | WISPIRG Foundation | Tax

Wisconsin could save $27.6 million with simple, proven method to curb offshore tax dodging, new study finds

Wisconsin taxpayers could save $27.6 million from a simple reform to crack down on offshore tax dodging, according to “Closing The Billion-Dollar Loophole: How States Are Reclaiming Revenue Lost to Offshore Tax Havens,” a new report released by WISPIRG. The reform, which has already been proven effective in Montana and passed in Oregon, would require companies to treat profits booked to notorious tax havens as domestic taxable income.  The Legislative Fiscal Bureau estimates that this simple reform would increase state corporate income and franchise tax revenues by $28.8 million.

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Report | WISPIRG Foundation | Transportation

A New Course

Across America, colleges and universities are showing that efforts aimed at reducing driving deliver powerful benefits for students, staff and surrounding communities. Policymakers at all levels of government should be looking to the innovative examples of these campuses. Universities and college towns also provide useful models for expanding the range of transportation options available to Americans while addressing the transportation challenges facing our communities.

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News Release | WISPIRG Foundation | Transportation

New Report: University Campuses Like UW Madison Are Transportation Trailblazers as Students Lead Shift From Driving

As Millennials lead a national shift away from driving, universities like UW Madison are giving students new options for getting around and becoming innovators in transportation policy, according to a new report released on Feb 6. 

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Report | WISPIRG Foundation | Higher Ed

Fixing the Broken Textbooks Market

The cost of college textbooks has skyrocketed in recent years. To students and families already struggling to afford high tuition and fees, an additional $1,200 per year on books and supplies can be the breaking point. As publishers keep costs high by pumping out new editions and selling books bundled with software, students are forced to forgo book purchases or otherwise undermine their academic progress.

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News Release | WISPIRG Foundation | Higher Ed

Survey Shows Students Opting Out of Buying Textbooks

A survey released by WISPIRG Students at UW-Madison shows that 65% of student consumers have opted out of buying a college textbook due to its high price, and nearly half say that textbook costs can dictate whether they take a course.

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News Release | WISPIRG | Financial Reform

WISCONSINITES TELL SENATOR JOHNSON TO STOP CODDLING PREDATORY LENDERS AND BLOCKING CONSUMER FINANCIAL PROTECTION

The Wisconsin Public Interest Research Group (WISPIRG) and Americans for Financial Reform (AFR) delivered to the office of Sen. Ron Johnson the signatures of 5,180 citizens of Wisconsin, who call on the Senate to confirm Richard Cordray to a full term as director of the Consumer Financial Protection Bureau. Under current Senate rules, 60 votes would be required to confirm the nomination but that favorable outcome for consumers is blocked by Senator Johnson and 42 other Senators who have pledged to oppose Cordray unless the CFPB is first weakened.
 

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News Release | WISPIRG | Higher Ed

Interest Rates for 159,147 Student Loan Borrowers in Wisconsin Set to Double on July 1

Unless Congress acts, on July 1, the interest rate for 159,147 student loan borrowers in Wisconsin will double from 3.4 percent to 6.8 percent. According to an issue brief released today by WISPIRG, the rate increase would hike the cost of Wisconsin students’ loans by $145 million. That translates into a $915 increase in debt per student, per loan.
 

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News Release | WISPIRG Foundation | Transportation

New Report Finds Expensive Highway Projects Might Be Unnecessary

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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News Release | WISPIRG Foundation | Transportation

New Report: Reduction in Driving Likely to Continue

As the average number of miles driven by Americans heads into its eighth year of decline, a new report from the WISPIRG Foundation finds that the slowdown in driving is likely to continue. Baby Boomers are moving out of the phase in their life when they do the most commuting, while driving-averse Millennials move into that phase. These demographic changes will likely keep driving down for decades, according to the report, “A New Direction: Our Changing Relationship with Driving and the Implications for America’s Future.”
 

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News Release | WISPIRG | Consumer Protection

Survey Finds Astronomical Rent-to-Own Prices, Interest Rates

A new report found that five rent-to-own stores in Rockford, IL on average charged an annual percentage rate of 221% and displayed outright cash purchase prices as much as two to seven times the cost of the same or similar products at other major retailers. The legislature is currently debating a controversial proposal in the executive budget proposal to provide a special exemption from the Wisconsin Consumer Act for the rent to own industry and which would eliminate the requirement to disclose an APR for Rent-to-Own products sold in Wisconsin.
 

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Report | WISPIRG Foundation | Transportation

Highway Boom, Budget Bust

This report questions whether the state of Wisconsin might be wasting huge sums of taxpayer money on unnecessary projects by planning to invest heavily in new roads and highway expansions that are out of sync with population and travel behavior trends in the state.  On the one hand, Wisconsin’s population and its volume of driving grow at a relatively slow pace that has slowed over time.

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Report | WISPIRG Foundation, People for the American Way Foundation | Democracy

Outside Spending, Outsized Influence

Super PACs dominated the 2012 Senate election between Tammy Baldwin and Tommy Thompson, providing an avenue for floods of out-of-state money to fill WIsconsin's airwaves with negative ads. Outside groups (not the candidates or party committees) spent almost $32 million and virtually all of that money (99.2%) came from out of state groups. Super PACs allowed big money special interests to flood the Wisconsin elections, blocking regular WI voter out of the political discourse.

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Report | U.S. PIRG Education Fund and Center for Media and Democracy | Democracy

Elections Confidential

Elections Confidential reveals, to the extent possible, the dark side of the post-Citizens United election landscape. Secret donors used "dark money" groups that don't have to disclose their donors, because before Citizens United they weren't allowed to spend on elections in order to hide their identity.

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Report | WISPIRG FOundation and Demos | Democracy

Billion Dollar Democracy

Billion Dollar Democracy is the final edition in our series of reports analyzing the role of money in the 2012 elections. The first presidential election since Citizens United lived up to the hype, with outside groups blowing away previous records for spending. Our discourse got more negative than ever before, with secret organizations allowing anonymous donors to bankroll nasty attack ads. Regular people's voices were drowned out of the process, with big time mega-donors spending millions in their attempt to buy our democracy.

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Report | WISPIRG Foundation | Budget, Tax

What America could do with $150 billion lost to offshore tax havens

Many corporations and wealthy individuals use offshore tax havens—countries with minimal or no taxes—to avoid paying $150 billion in U.S. taxes each year. By shielding their income from U.S. taxes, corporations and wealthy individuals shift the tax burden to ordinary Americans, who must pick up the tab in the form of cuts to public services, more debt, or higher taxes. The $150 billion lost annually to offshore tax havens is a lot of money, especially at a time of difficult budget choices. To put this sum in perspective, we present 16 potential ways that income could be used.

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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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