Home

What's New

News Release | Maryland PIRG Foundation and Citizens for Tax Justice | Tax

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

Tax loopholes encouraged more than 70 percent of Fortune 500 companies – including Stanley Black & Decker in Maryland – to maintain subsidiaries in offshore tax havens as of 2013, according to “Offshore Shell Games,” released today by the Maryland PIRG Foundation and Citizens for Tax Justice (CTJ). 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.

> Keep Reading
Report | Maryland PIRG Foundation and Citizens for Tax Justice | Tax

Offshore Shell Games

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. 

> Keep Reading
News Release | Maryland PIRG Foundation | Consumer Protection

Maryland PIRG Foundation Announces New Resource: Top Ten Ways the CFPB Can Help You CFPB Has Already Returned $1.5 Billion To Consumers

Since its formation in 2011, the Consumer Financial Protection Bureau (CFPB) has proven itself a worthy cop on the financial beat: It has already returned more than $1.5 billion in unfair bank and credit card fees to consumers. Yet too many people may still be unsure how to get the most out of this new federal agency.

> Keep Reading
Media Hit | Tax

Editorial: Improve online databases

“Big data” has become a catchphrase of our age, and Gov. Martin O’Malley is a professed believer in data-gathering and numbers-crunching as a tool in governing – hence, his much-heralded StateStat system. So it’s a little disappointing — if not surprising, given the usual bureaucratic resistance to change – that only modest steps have been taken to make this bonanza accessible to the taxpayers.

> Keep Reading
Media Hit | Tax

Slightly Brighter Sunlight

Maryland is gradually improving its scoring when it comes to being transparent to the public, having moved from a C to a B- in a recently released report card from the Maryland PIRG Foundation.

That grade could get better: Gov. Martin O’Malley signed into law this week legislation that may shine a little more light into the dark and dusty corners of state spending.

> Keep Reading

Pages

News Release | Consumer Protection

Many Toys Still Toxic, Hazardous

Dangerous or toxic toys can still be found on America’s store shelves, Maryland Public Interest Research Group announced today in its 25th annual Trouble in Toyland report.

> Keep Reading
News Release | Transportation

High-Speed Rail Can Boost Economy, Reduce Traffic

Drawing lessons from other countries, a new study from Maryland PIRG shows that high-speed rail can boost our economy, save energy, curb pollution and provide a popular alternative to congested roads and airports.

> Keep Reading
News Release | Safe Energy

Constellation Pulls Plug on New Nuclear Plant

Constellation Energy’s decision to cancel plans for a new nuclear reactor in Maryland is a victory for Marylanders and U.S. taxpayers.

> Keep Reading
News Release | Consumer Protection

New Study: Chemical Insecurity

A new Maryland Public Interest Research Group report identifies the 14 chemical companies that endanger the most Americans in the event of a chemical release.

> Keep Reading
News Release | Health Care

Maryland the Focus for Next Stage of Health Reform

The new federal health care reform law puts state leaders in the driver’s seat, according to a new report by consumer advocacy group Maryland PIRG Foundation.

> Keep Reading

Pages

Support us

Your tax-deductible donation supports Maryland PIRG Foundation's work to educate consumers on the issues that matter, especially when powerful interests are blocking progress.

Learn More

You can also support Maryland PIRG Foundation’s work through bequests, contributions from life insurance or retirement plans, securities contributions and vehicle donations.