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Report | Illinois PIRG Education Fund

Shining Rewards

A review of 16 recent analyses shows that individuals and businesses that decide to “go solar” generally deliver greater benefits to the grid and society than they receive through net metering.

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News Release | Illinois PIRG Education Fund | Tax

73% of Fortune 500 Companies Used Tax Havens in 2015

In 2015, more than 73 percent of Fortune 500 companies maintained subsidiaries in offshore tax havens, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Collectively, multinationals reported booking $2.5 trillion offshore, with just 30 companies accounting for 66 percent of this total. By indefinitely stashing profits in offshore tax havens, corporations are avoiding up to $717.8 billion in U.S. taxes. Here in Illinois, Abvie, Abbot Laboratories, Mondelez International, Caterpiller, and McDonalds combine to hold $98.5 billiion in offshore tax havens like the Bahamas, Caymen Islands, and Hong Kong.

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Report | Illinois PIRG Education Fund | Tax

Offshore Shell Games 2016

U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to paying taxes. Overall, multinational corporations use tax havens to avoid an estimated $100 billion in federal income taxes each year.

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Blog Post | Public Health

Calling for Big Action on Antibiotics in the Big Apple | Steve Blackledge

Last week, we were in New York City, where the United Nations General Assembly spent an entire day discussing antibiotic resistance, “the biggest threat to modern medicine.” Experts estimate that more than 700,000 people worldwide die from antibiotic-resistant infections each year, including 23,000 in the United States—a number that could grow to 10 million globally by 2050.

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News Release | Illinois PIRG Education Fund | Consumer Protection

Statement on Record $100 Million CFPB Penalty Order Against Wells Fargo Bank For Illegal Sales Practices

On September 8 the Consumer Financial Protection Bureau (CFPB) announced a record $100 million civil penalty plus consumer restitution against Wells Fargo, among the  nation’s largest banks, for a series of unfair and abusive sales practices by thousands of employees that included opening secret accounts for hundreds of thousands of existing customers, solely to meet sales goals to receive financial incentives.

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Madigan Files Lawsuits Against Alleged Student Debt Scammers

Illinois Attorney General Lisa Madigan filed lawsuits on Monday against two companies she claims exploit people struggling to repay student loan debts.

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News Release | Illinois PIRG 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 Abbot Labs and Caterpillar – to maintain subsidiaries in offshore tax havens as of 2013, according to the report “Offshore Shell Games,” released today by Illinois PIRG 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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Media Hit | Public Health

Overuse of antibiotics leads to ineffectiveness

Letter to the Editor in Chicago Tribune: President Barack Obama should not wait another day to protect public health, and should act now to ban the misuse of antibiotics on factory farms.

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Media Hit | Democracy

Guest Column: Same-day voter registration could help curb political corruption rate

Same Day Registration (SDR) would let all citizens in Illinois register and vote at any Early Voting and Election Day polling location. Four of the five states with the highest voter turnout in 2012 offered SDR. The average voter turnout rate was more than 10 percent higher in states with SDR than in other states.

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News Release | Illinois PIRG Education Fund | Tax

Poll: Public Wants Federal Agencies to Disclose and Restrict Corporate Tax Write Offs for Out-of-Court Settlements

A new poll released today confirms what has long been apparent: The public overwhelmingly disapproves of corporations taking tax write offs for out-of-court settlements for wrongdoing, and has a strong preference for federal agencies to be both more transparent and more restrictive of tax deductions for future settlements. Substantial majorities across party lines would support reforms and greater transparency.

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Big Banks, Bigger Fees

Since Congress largely deregulated consumer deposit (checking and savings) accounts beginning in the early 1980s, the PIRGs have tracked bank deposit account fee changes and documented the banks’ long-term strategy to raise fees, invent new fees and make it harder to avoid fees. 

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Report | Illinois PIRG Education Fund | Tax

Following the Money 2011

This report is Illinois PIRG Education Fund’s second annual ranking of states’ progress toward “Transparency 2.0” – a new standard of comprehensive, one-stop, one-click budget accountability and accessibility.

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Report | Illinois PIRG Education Fund | Health Care

The Cost of Repeal

Outright repeal of the federal health care law simply is not a prudent choice for Illinois, but if Illinois’ elected officials decide to work together for constructive policy changes like these, opportunities exist to make real progress.

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Report | Illinois PIRG Education Fund | Transportation

Do Roads Pay for Themselves?

Highway advocates often claim that roads “pay for themselves,” with gasoline taxes and other charges to motorists covering—or nearly covering—the full cost of highway construction and maintenance. They are wrong.

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Report | Illinois PIRG Education Fund | Transportation

A Track Record of Success

As America moves toward construction of new high-speed rail networks in regions throughout the country, we have much to learn from experiences abroad.

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