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News Release | Maryland PIRG | Tax

Deepwater Horizon Settlement Comes with Estimated $5.35 Billion Tax Windfall

Today’s announcement by the U.S. Department of Justice of a proposed $20.8 billion out-of-court settlement with BP to resolve charges related to the Gulf Oil spill allows the corporation to write off $15.3 billion of the total payment as an ordinary cost of doing business tax deduction. This proposed settlement would allow BP to claim an estimated $5.35 billion as a tax windfall, significantly decreasing the public value of the agreement, and nearly offsetting the cost of the non-deductible penalty.

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Blog Post | Consumer Protection

Why is Experian/T-Mobile Giving 15 Million Experian Breach Victims Credit Monitoring, Since Only the Credit Freeze Stops Identity Theft | Emily Scarr

How can all of the 200 million consumers with Experian credit reports trust that Experian is really protecting them?

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News Release | Maryland PIRG | Consumer Protection

Maryland PIRG Demands Real Penalties for Volkswagen and Full Rebates for Customers

“VW once was a company that brought us iconic cars like the Beetle and the flower-powered microbus, but now VW is just a big cheater,” said Maryland PIRG Director Emly Scarr. “VW CEO Martin Winterkorn resigned today while claiming he committed “no wrongdoing” but VW stills needs to pay full penalties under law and grant full rebates to the customers it deceived into buying pollution-spewing cars that led to massive, undeserved profits.”

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News Release | U.S. PIRG | Public Health

Baltimore Takes Leadership Role on Chemicals

Today, the Baltimore City Council passed a resolution calling on Environmental Protection Agency (EPA) Administrator Gina McCarthy to work quickly to issue a strong rule to make chemical plants safer. Resolution #15-0261R, introduced by Baltimore City Councilmember Bill Henry (District 4) passed unanimously.

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News Release | US PIRG | Tax

Subsidizing Bad Behavior

January 3 – A report released today spotlights a common practice where corporations that commit wrongdoing and agree to financial settlements with the federal government, go on to claim such settlement payments as tax-deductible business expenses. The new study, released by the Maryland Public Interest Research Group (Maryland PIRG), follows a record year of corporate settlements, while many more settlements relating to banking, environmental, and consumer safety issues are expected.

 

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News Release | Maryland PIRG | Tax

First Step to Avoid the Fiscal Cliff: Close Offshore Tax Loopholes

With Congress scrambling to agree on ways to reduce the deficit, Maryland PIRG joined with MaryPIRG Students and a concerned College Park student  today to point out a clear first step to avoid the “fiscal cliff”: closing offshore tax loopholes. Many of America’s largest corporations and wealthiest individuals use accounting gimmicks to shift profits made in America to offshore tax havens, where they pay little to no taxes. This tax avoidance costs the federal government $150 billion in tax revenue each year.  Maryland PIRG released new data illustrating the size of this loss with 16 dramatic ways $150 billion could be spent.

 

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News Release | Maryland PIRG Foundation | Consumer Protection

Survey Finds Dangerous Toys on Store Shelves

This morning Maryland PIRG Foundation released the report, revealing the results of laboratory testing on toys for lead, cadmium and phthalates, all of which have been proven to have serious adverse health impacts on the development of young children.  The survey also found small toys that pose a choking hazard, extremely loud toys that threaten children’s hearing, and toy magnets that can cause serious injury.

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News Release | U.S. PIRG | Tax

This Time, BP Settlement Protects 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, according to Lanny Breuer, head of the Dept. of Justice's criminal division.

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News Release | U.S. PIRG | Tax

True Amount of BP Settlement Will Depend on Hidden Tax Giveaways

BP agreed today to a $4.5 billion settlement to resolve felony and misdemeanor charges related to the gulf oil spill, but taxpayers may end up indirectly covering up to 35 percent of the amount if the company is allowed to take the amount as a tax write off.

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Blog Post | Solid Waste

Testimony on Recycling – Apartment Buildings and Condominiums | Jenny Levin

The Maryland Public Interest Group supports the passage of HB 1, requiring owners or managers of apartment buildings or condominiums that contain 10 or more units to provide residents with the opportunity for recycling on or before October 1, 2013.

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Blog Post | Safe Energy

What Are the Main Threats Posed by the Crisis at Fukushima?

The unfolding events in Japan are a sobering reminder that nuclear power is inherently dangerous.

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Blog Post | Safe Energy

What Do the Radiation Levels Reported in the Media Mean?

News agencies have reported radiation measurements from nearby the Fukushima nuclear reactor, as well as in other locations in Japan, such as Tokyo. The following is an attempt to explain those measurements and put them in context.

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Blog Post | Safe Energy

What Level of Radiation Exposure Is "Safe"?

Japanese officials and outside experts have repeatedly stated that levels of radiation found in areas surrounding the Fukushima nuclear power plant pose no “immediate risk to human health.” This has often been misinterpreted to mean that this level of exposure to radiation is “safe.”

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Blog Post | Safe Energy

How Are Other Countries Advising Their Citizens to React to the Fukushima Disaster?

Today (March 16), various foreign governments encouraged their nationals to consider relocation in response to the Fukushima nuclear disaster.

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