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News Release | ConnPIRG Education Fund | Budget, Tax

Government Agencies Allow Corporations to Write Off Billions in Federal Settlement Payments

A new study by ConnPIRG Education Fund analyzes which federal agencies allow companies to write off out-of-court settlements as tax deductions and which agencies are transparent about these deals. The study found that five of the largest government agencies that sign settlement agreements with corporations rarely specify the tax status of the resulting payments. Billions of dollars are allowed to be written off as cost of doing business tax deductions. Additionally, the report found that major government agencies do not consistently disclose the details of corporate settlement agreements.

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Report | ConnPIRG Education Fund | Budget, Tax

Settling for a Lack of Accountability?

When large companies harm the public through fraud, financial scams, chemical spills, dangerous products or other misdeeds, they almost never just pay a fine or penalty, as ordinary people would. Instead, these companies negotiate out-of-court settlements that resolve the charges in return for stipulated payments or promised remedies. These agreements, made on behalf of the American people, are not subject to any transparency standards and companies often write them off as tax deductions claimed as necessary and ordinary costs of doing business.

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Report | ConnPIRG Education Fund | Tax

Settling for a Lack of Accountability?

When large companies harm the public through fraud, financial scams, chemical spills, dangerous products or other misdeeds, they almost never just pay a fine or penalty, as ordinary people would. Instead, these companies negotiate out-of-court settlements that resolve the charges in return for stipulated payments or promised remedies. These agreements, made on behalf of the American people, are not subject to any transparency standards and companies often write them off as tax deductions claimed as necessary and ordinary costs of doing business.

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Report | ConnPIRG Education Fund | Public Health

Touble In Toyland 2015

Dangerous or toxic toys can still be found on America’s store shelves, according ConnPIRG Education Fund’s 30th annual Trouble in Toyland report. The survey of potentially hazardous toys found that, despite recent progress, consumers must still be wary when shopping this holiday season.

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News Release | ConnPIRG Education Fund | Democracy

New Report Released: Auctioning Democracy

Today ConnPIRG Education Fund and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.

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News Release | ConnPIRG Education Fund | Democracy

New Report Released: Auctioning Democracy

Today ConnPIRG Education Fund and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.

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News Release | ConnPIRG Education Fund | Financial Reform

Off Shore Tax Havens Cost Connecticut Taxpayers $2 Billion a Year

Major corporations and some individuals avoid a total of as much as $100 billion a year in federal taxes by “off-shoring” the profits they make here in the U.S. or by setting up sham headquarters in tax haven countries. As a result, Connecticut taxpayers are left footing the bill.

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News Release | ConnPIRG Education Fund | Financial Reform

New Survey Shows Banks Still Hiding Fees From Consumers

A survey of more than 350 bank branches released today by the Connecticut Public Interest Research Group revealed that fewer than half of branches obeyed their legal duty to fully disclose fees to prospective customers, while one in four provided no fee information at all.

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Media Hit | Tax

CT News Junkie: Report: Connecticut Failing on Spending Transparency

The second annual “Following the Money” report by the Connecticut Public Interest Research Group gave the state failing marks on government transparency due to its lack of internet information on government spending.

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News Release | U.S. PIRG Education Fund

Newly-revealed details by the New York Times about of the crash of two Boeing 737 Max 8 planes may stun even the most hardened observer. The planes lacked a safety feature that may have warned pilots about problems because it was not required and Boeing charged airlines extra to include it. Adam Garber, U.S. PIRG Education Fund Consumer Watchdog issued the following statement.

News Release | US PIRG

A total of 22 states earned an “F” grade for their performance in eliminating lead from school drinking water, according to a new study by Environment America Research & Policy Center and U.S. PIRG Education Fund. Of the 31 states tested, Illinois was the only one (along with the District of Columbia) to receive a mark above the C range.  These results come from the the second edition of the groups’ Get the Lead Out report, which grades state policies for protecting kids from exposure to this dangerous neurotoxin.

News Release | U.S. PIRG Education Fund

The presence of chemicals that likely cause cancer has prompted the U.S. Food and Drug Administration (FDA) to announce another recall of the blood pressure medication Valsartan. In response, U.S. PIRG Consumer Watchdog Adam Garber released the following statement. 

Report | ConnPIRG Education Fund

People living in the United States have access to some of the best medical care in the world, from life-saving drugs to cutting-edge surgical techniques. But our system is deeply flawed, with spiraling costs forcing many Americans to spend more on care and often receiving poor quality care for all the extra money spent.

News Release | ConnPIRG Education Fund

While many Americans struggle to afford their prescription drugs, ConnPIRG Education Fund’s survey of retail prices of commonly-prescribed medications found patients can save hundreds, even thousands of dollars in some cases by shopping around at pharmacies within their communities.

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