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.
Together we can make sure tax and budget decisions reflect our shared priorities and balance competing values.
We’re monitoring federal action and reporting back on whether our elected officials are acting for or against the public interest.
As Arizona lawmakers are soon to begin discussing the state budget for the next fiscal year, the Arizona PIRG Education Fund released a new study, The Hidden Cost of Offshore Tax Havens: State Budgets under Pressure from Tax Loophole Abuse, revealing that the State of Arizona lost $503 million due to offshore tax dodging in 2012.
Phoenix received a grade of “D” for spending transparency, according to a new report released today by the Arizona PIRG Education Fund. The report reviewed how well the thirty largest cities in the U.S. – including Phoenix - publicly provide data about city spending and revenues in an online transparency website.
As the Joint Legislative Income Tax Review Committee had its annual review of income tax credits today, several groups called for increased transparency. Arizona PIRG, Children’s Action Alliance, and the Goldwater Institute raised concerns that there is not enough information available to the public about the tax credit programs.
In great news for taxpayers, unlike earlier settlements from the Gulf Oil spill, the settlement the U.S. Justice Department negotiated with BP stipulated that none of the penalties paid are tax-deductible.
With only one day’s notice to the public, the U.S. Senate Committee on Finance approved a package of tax “extenders” that included two provisions that will force taxpayers to pick up a $12.7 billion tab over the next two years by reinstating expired loopholes and tax preferences that allow some multinational companies to shift income offshore and avoid U.S. taxes.