Tax & budget

Together we can make sure tax and budget decisions reflect our shared priorities and balance competing values.

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What can Congress do?

Tax & budget

What can Congress do?

We’re monitoring federal action and reporting back on whether our elected officials are acting for or against the public interest.

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The Latest
New Report: Connecticut Receives a “B” in Annual Report on Transparency of Government Spending

Tax & budget

New Report: Connecticut Receives a “B” in Annual Report on Transparency of Government Spending

Connecticut received a B 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 ConnPIRG Education Fund. 

Media Releases  

Interest Rates for 73,051 Student Loan Borrowers in Connecticut Double

Tax & budget

Interest Rates for 73,051 Student Loan Borrowers in Connecticut Double

  Due to Congressional inaction, the interest rates on federally subsidized student loans doubled on July 1 from 3.4 percent to 6.8 percent. The change will affect 73,051 students in Connecticut, and in total the rate increase will hike the cost of Connecticut students’ loans by $68.4 million. That translates into a $937 increase in debt per student, per loan.  However, because most new student loans are issued in August and September, Congress can still pass a retroactive fix.

Media Releases  

Offshore Tax Havens Cost Average Connecticut Taxpayer $1,965 a Year, Connecticut Small Business $5,989

Tax & budget

Offshore Tax Havens Cost Average Connecticut Taxpayer $1,965 a Year, Connecticut Small Business $5,989

With Tax Day approaching, it’s a good time to be reminded of where our tax dollars are going. ConnPIRG released a new study today which revealed that the average Connecticut taxpayer in 2012 would have to shoulder an extra $1,965 in taxes – more per taxpayer than in any state in the country. - to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals.

Media Releases  

Offshore Tax Dodging Blows a $904 Million Hole in Connecticut Budget:

Tax & budget

Offshore Tax Dodging Blows a $904 Million Hole in Connecticut Budget:

Hartford – With Connecticut in the midst of ongoing budget challenges, ConnPIRG, joined by Representatives Bryan Hulburt, Susan Johnson and Diana Urban, released a new study revealing that Connecticut lost $904 Million due to offshore tax dodging in 2012. Many of America’s wealthiest individuals and largest corporations, including Connecticut companies General Electric, Aetna, Hartford Financial Services, Travelers and United Technologies use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.

Media Releases  

New Report: Connecticut Receives a “B” in Annual Report on Transparency of Government Spending

Tax & budget

New Report: Connecticut Receives a “B” in Annual Report on Transparency of Government Spending

Connecticut received a “B” when it comes to government spending transparency, according to Following the Money 2012: How the States Rank on Providing Online Access to Government Spending Data, the third annual report of its kind by the Connecticut Public Interest Research Group (ConnPIRG).

Media Releases  

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