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Tax & budget
Together we can make sure tax and budget decisions reflect our shared priorities and balance competing values.
The Latest on Tax & budget
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Farm Bill Still Giving out Corporate Handouts to Big Ag
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The Latest
U.S. PIRG Joins Rep. Blumenauer In Calling For Farm Bill Reform
Rep. Blumenauer (OR) unveiled a new blueprint for the federal Farm Bill today. His bill, the Food & Farm Act, cuts wasteful agriculture subsidies that steer farmers toward harmful and unhealthy farming practices. Additionally, it deepens U.S. investments in proven conservation programs that help farmers switch to sustainable farming practices.
Illinois Small Businesses Foot $4,570 Bill from Offshore Tax Dodging
As Tax Day approaches, it’s important to remember that small businesses end up picking up the tab for offshore tax loopholes used by many large multinational corporations. Illinois PIRG released a new study today revealing that the average Illinois small business owner would have to pay an extra $4,570 in taxes to make up for the money lost in 2014 due to offshore tax haven abuse by large multinational corporations.
New Report: Illinois Receives a “B+” in Annual Report on Transparency of Government Spending
Illinois received a B+ when it comes to government spending transparency, according to “Following the Money 2014: How the 50 States Rate in Providing Online Access to Government Spending Data,” the fifth annual report of its kind by the Illinois Public Interest Research Group (PIRG) Education Fund.
Offshore Tax Havens Cost Average Illinois Taxpayer $1,058 a Year, Illinois Small Businesses $3,202
With Tax Day approaching, it’s a good time to be reminded of where our tax dollars are going. Illinois PIRG released a new study that revealed the average Illinois taxpayer in 2012 would have to shoulder an extra $1,058 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals.
Offshore Tax Dodging Blows a $2.5 Billion Hole in Illinois’ Budget
With Illinois in the midst of a budget crisis, the Illinois PIRG Education Fund, joined by the Small Business Advocacy Council; Gail Glasser, a small business owner; and the Chicago Political Economy Group, released a new study revealing that Illinois lost $2.5 billion due to offshore tax dodging in 2012. Many of America’s wealthiest individuals and largest corporations use tax loopholes to shift profits made in America to offshore tax havens where they pay little to no taxes.
