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News Release | RIPIRG | Democracy

First-of-its-kind “Refrain From Political Spending” Resolution to Be Voted on at Bank of America Shareholder Meeting

On Wednesday, May 9, shareholders at Bank of America will vote “yea” or “nay” on a first-of-its-kind “refrain from political spending” resolution. Resolutions addressing political spending are among the most popular in the 2012 shareholder season, many dealing with disclosure of such spending. This is the first shareholder season for this groundbreaking resolution which was introduced by socially responsible investment firms Trillium Asset Management at Bank of America and 3M Corporation and by Green Century Capital Management at Target Corporation.

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Media Hit | Tax

Offshore Tax Schemes Cost State $450 Million

State taxpayers are picking up a tab to the tune of $450 million annually to cover the revenue lost from corporations and wealthy individuals hiding their profits overseas, according to a report released last week by the Rhode Island Public Interest Group (RIPIRG).

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Media Hit | Tax

Offshore tax havens cost R.I. residents

PROVIDENCE – Offshore tax havens cost every Rhode Island taxpayer an average of $532 a year and each small business $2,766 per year, according to a report released Thursday by the R.I. Public Interest Research Group.

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News Release | RIPIRG | Budget, Tax

Rhode Island Taxpayers Would Pay $532 to make up for Tax Haven Abuse, Small Businesses $2,766

With tax day approaching, a new study released by RIPIRG found that in 2011, the average Rhode Island taxpayer would have to shoulder an extra $532 tax burden to make up for revenue lost from corporations and wealthy individuals shifting income to offshore tax havens. The report additionally found that to cover the cost of the corporate abuse of tax havens in 2011, small businesses in Rhode Island would have to foot a bill of $2,766 on average.

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Report | RIPIRG | Budget, Tax

Picking Up the Tab

Some U.S.-based multinational firms or individuals avoid paying U.S. taxes by transferring their earnings to tax haven countries with minimal or no taxes. These tax haven users benefit from their access to America’s markets, workforce, infrastructure and security; but they pay little or nothing for it—violating the basic fairness of the tax system and forcing other taxpayers to pick up the tab.

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News Release | RIPIRG | Transportation

Local Leaders Call for Transit Vision

Efforts to improve Rhode Island’s public transit system received a boost today as Providence Mayor Cicilline, Lincoln Senator Connors, the Sierra Club and other supporters held an event at Waterplace Park calling for approval of financing and citing a major new report on oil savings and other benefits from public transportation across the country. The RIPIRG report, A Better Way to Go: Meeting America’s 21 st Century Transportation Challenges with Modern Public Transit, examines the challenges faced by America’s transportation system and the benefits of existing rail and bus projects in Rhode Island and other Southern New England states.

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News Release | RIPIRG | Consumer Protection

House Adopts Independent Ethics Oversight

Statement of Gary Kalman, Director of U.S. PIRG’s Federal Legislative Office: The House of Representatives voted tonight to establish an independent Office of Congressional Ethics.

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News Release | RIPIRG | Consumer Protection

House Homeland Security Committee Passes Chemical Security Legislation

Statement of U.S. PIRG Public Health Advocate Liz Hitchcock

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News Release | RIPIRG | Consumer Protection

Consumer Groups Applaud Senate on Passage of Strong Bi-Partisan Product Safety Legislation

Today, consumer, public interest and scientific groups applauded the U.S. Senate for passage of the sweeping Consumer Product Safety Reform Act, S. 2663.

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News Release | RIPIRG | Consumer Protection

Consumer, Safety Groups Call Foul on False Attacks on Product Safety Reform Bill

Consumer, public interest, safety, and scientific groups today condemned false charges from the office of Sen. Jim DeMint, released through the Republican Steering Committee, against a Senate bill that would overhaul the ailing Consumer Product Safety Commission, and urged Senators to approve the measure – without weakening amendments - when it is slated to come up for a vote next week.

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The overuse of antibiotics on factory farms is threatening these lifesaving medicines. Call on big restaurants to do their part and stop buying meat raised with critical antibiotics.

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