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Blog Post | Consumer Protection

The CFPB at Three: A Child Prodigy | Ed Mierzwinski

The Consumer Financial Protection Bureau (CFPB) turned just three years old Monday, July 21st, but when you look at its massive and compelling body of work, you must wonder: Are watchdog years like plain old dog years? Is the CFPB now a full-sized, 21-year-old adult? The answer is no, not yet. The CFPB is still growing and developing and adding programs and projects. The CFPB is, however, at three years old, certainly a child prodigy. Despite overwhelming public support, however, powerful special interests continue to attack it. Yet, the idea of the CFPB needs no defense, only more defenders.

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News Release | ConnPIRG Education Fund | Tax

Study: 70% of Fortune 500 Companies Used Tax Havens in 2013

Tax loopholes encouraged more than 70 percent of Fortune 500 companies – including General Electric, United Technologies and Priceline.com in Connecticut – to maintain subsidiaries in offshore tax havens as of 2013, according to “Offshore Shell Games,” released today by ConnPIRG Education Fund and Citizens for Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 62 percent of the total, or $1.2 trillion.

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Report | ConnPIRG Education Fund | Tax

Offshore Shell Games 2014

Many large U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens – countries with minimal or no taxes. By booking profits to subsidiaries registered in tax havens, multinational corporations are able to avoid an estimated $90 billion in federal income taxes each year. These subsidiaries are often shell companies with few, if any employees, and which engage in little to no real business activity. 

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News Release | ConnPIRG | Solid Waste

House Sends Transformative Recycling Bill To Governor's Desk

With a 144-0 vote, the House followed the Senate in passing Senate Bill 27, AAC Connecticut's Recycling and Materials Management Strategy.  The Senate passed the bill unanimously on Friday.

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Blog Post | Solid Waste

Recycling Bill Clears Senate | Evan Preston

The state Senate passed the Governor's Recycling Bill late Friday night with a unanimous vote.

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News Release | Budget

Congress Moves on President Obama's Plan to Invest in America's Priorities

Congress moved closer today to approving a budget proposal consistent with President Obama’s transformational plan to overhaul the nation’s health care system, make college more accessible, and eliminate wasteful subsidies and  abusive tax shelters and loopholes.  Resolutions were introduced in both the House and Senate Budget Committees that reflect President Obama’s commitment to responsibly tackle critical public interest priorities. 

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Media Hit | Transportation

Will Stimulus Money Boost Mass Transit Plans?

Gov. M. Jodi Rell's spokespeople would like us all to believe that the state's "Recovery Working Group" is showing initiative by identifying shovel-ready projects before Connecticut receives stimulus funds from the federal government ("Money coming soon from stimulus," Feb. 19). States were asked to produce a list of shovel-ready projects more than a year ago; the notion that this reactive approach is progressive is absolutely absurd but unfortunately business as usual for the governor's office.

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Media Hit | Transportation

Stimulus Must Put Nation on Smart Track

President-elect Barack Obama recently proposed a massive federal infrastructure plan that he likens to the New Deal and Eisenhower's historic initiative to create the interstate highway system. At a time when roads and bridges across the country are crumbling and public transportation systems are scrambling to keep up with booming demand, Obama and others are right to recognize the need for investments that will improve our quality of life as well as create jobs. But it is crucially important how infrastructure money gets spent. 

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News Release | Consumer Protection

Consumer Group Alerts Shoppers to Hidden Toy Hazards

Hazardous toys are still sold in stores across the country, despite a new law overhauling the nation’s product safety watchdog agency, according to the 23rd annual toy safety survey released today by the Connecticut Public Interest Research Group (ConnPIRG). The group also warned that the Consumer Product Safety Commission (CPSC) is taking actions to delay one of the new law’s toxic toy protections indefinitely.

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News Release | Democracy

Court ID Decision Burden to Students

Today’s U.S. Supreme Court decision in Crawford v. Marion County Election Board upholds an Indiana state law that requires voters to present a state issued photo identification. In a 6 to 3 decision, the Court determined that voter fraud takes precedence over burdens the law places on voters. The decision is expected to place a disproportionate burden on student voters.

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Defend the CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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