Tax and Budget News

Statement of U.S. PIRG Consumer Program Director Ed Mierzwinski on Final Passage of Wall Street Bailout Legislation Today	2008-10-03
“U.S. PIRG is deeply disappointed that Congress punted on enacting critical protections for taxpayers and homeowners in the Wall Street bailout legislation passed today.
Statement: Defeat of Wall Street Bailout	2008-09-29
Today the House of Representatives listened to concerned Main Street voters and taxpayers and defeated a defective Wall Street bailout.
States Closing Tax Loophole Comprise 55% of Economy	2008-07-03
With Massachusetts Monday approving legislation to close corporate tax loopholes, a majority of the U.S. economy has now adopted a tax reform that was still considered controversial only a few years ago.
Failure to Close Tax Loopholes Harms Maryland Businesses	2007-11-19
Corporate tax loopholes will likely gape even wider in coming years as a result of this special session. When lawmakers raised the corporate income tax rate by 1 percent but failed to close loopholes, they gave multi-state companies even more incentive to transfer profits out-of-state.

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