Tax

News Release | U.S. PIRG Education Fund and Frontier Group | Tax

More than a third of U.S. states get an “F” for economic development transparency

More than one-third of U.S. states are failing to make critical information about how governments are subsidizing business projects with taxpayer dollars readily available to the public online, according to a new report from U.S. PIRG Education Fund and Frontier Group. Following the Money 2019, the organization’s tenth evaluation of online government spending transparency, gives 17 states a failing grade, while only four states received a grade of “B” or higher.

Report | MoPIRG Foundation and Frontier Group | Tax

Following the Money 2019

Our 10th report on government spending transparency rates all 50 states on the degree to which they make information about coporate tax breaks and other subsidies available online.

News Release | US PIRG | Tax

U.S. PIRG Statement on House Tax Bill

Below is a statement from U.S. PIRG Program Advocate Michelle Surka on the proposed House tax bill's impacts on our debt:

“The Tax Cuts and Jobs Act, introduced this morning in the House, is an exercise in fiscal recklessness, exploding the budget deficit while failing to close the biggest tax loopholes and relying on gimmicks to obscure the impact on the national debt. Rather than make prudent trade-offs to achieve the President's promised tax cuts, this bill twists itself into knots attempting to distract from the bottom line: it will add trillions to our deficit."

Report | MoPIRG | Tax

Closing the Billion Dollar Loophole

New report tells how some states have found a simple reform to reclaim significant revenue lost to offshore tax havens. Includes estimates of how much each state loses in state revenue to offshore tax haven abuse and how much each state would gain by closing the "water's edge" loophole.

News Release | MoPIRG | Budget, Tax

Offshore Tax Havens Cost Average Missouri Taxpayer $915 a Year, Missouri Small Business $3,029

As hardworking Americans file their taxes today, MoPIRG released a new study which revealed that the average Missouri taxpayer in 2013 would have to shoulder an extra $915 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals. 

Report | MoPIRG | Budget, Tax

Picking Up the Tab 2014

Every year, corporations and wealthy individuals use complicated gimmicks to shift U.S. earnings to subsidiaries in offshore tax havens – countries with minimal or no taxes – in order to reduce their state and federal income tax liability by billions of dollars. Tax haven abusers benefit from America’s markets, public infrastructure, educated workforce, security and rule of law – all supported in one way or another by tax dollars – but they avoid paying for these benefits. Instead, ordinary taxpayers end up picking up the tab, either in the form of higher taxes, cuts to public spending priorities, or increases to the federal debt.

News Release | MoPIRG | Budget, Tax, Transportation

McCaskill and Blunt-Supported Plan to Fund Road and Bridge Repairs Would Create Massive Corporate Tax Break

Sens. Claire McCaskill (D-MO) and Roy Blunt (R-MO)  recently backed a bill to address funding shortfalls for road and bridge repairs in Missouri. According to a new analysis, the bill contains massive corporate tax breaks that could cost taxpayers an estimated $105 billion.

News Release | MoPIRG | Food, Tax

New Farm Bill Contains Massive Taxpayer Handouts To Big Ag

At a time of supposed fiscal caution, this bill would put taxpayers on the hook for another five years of billion-dollar handouts to huge, profitable agribusinesses. Even the most modest reforms to trim subsidies for the largest players were stripped out or watered down at the last second

Report | MoPIRG | Budget, Tax

Picking Up the Tab 2013

Even when tax haven abusers act perfectly legally, they force other Americans to shoulder their tax burden. Every dollar in taxes they avoid by using tax havens must be balanced by other Americans paying higher taxes, coping with cuts to government programs, or increasing the federal debt.

News Release | MoPIRG | Budget, Tax

Offshore Tax Havens Cost Average Missouri Taxpayer $783 a Year

With Tax Day approaching, it’s a good time to be reminded of where our tax dollars are going. MoPIRG released a new study which revealed that the average Missouri taxpayer in 2012 would have to shoulder an extra $783 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals. 

Pages

Subscribe to RSS - Tax

Support Us

Your donation supports MoPIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code



MoPIRG is part of The Public Interest Network, which operates and supports organizations committed to a shared vision of a better world and a strategic approach to getting things done.