<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0">
<channel>
<title>Tax and Budget News</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news</link>
<description></description>

<item>
<title>Statement: Defeat of Wall Street Bailout </title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/statement-defeat-of-wall-street-bailout</link>
<description>Statement of U.S. PIRG&#x26;rsquo;s Ed Mierzwinski on Defeat of Wall Street Bailout </description>
<guid isPermaLink="true">http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/statement-defeat-of-wall-street-bailout</guid>
<pubDate>Fri, 03 Oct 2008 14:50:40 -0500</pubDate>
</item>

<item>
<title>Statement of U.S. PIRG Consumer Program Director Ed Mierzwinski on Final Passage of Wall Street Bailout Legislation Today </title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/statement-of-u_s_-pirg-consumer-program-director-ed-mierzwinski-on-final-passage-of-wall-street-bailout-legislation-today</link>
<description>Washington,</description>
<guid isPermaLink="true">http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/statement-of-u_s_-pirg-consumer-program-director-ed-mierzwinski-on-final-passage-of-wall-street-bailout-legislation-today</guid>
<pubDate>Fri, 03 Oct 2008 15:00:56 -0500</pubDate>
</item>

<item>
<title>States Closing Tax Loophole Comprise 55% of Economy</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/states-closing-tax-loophole-comprise-55-of-economy</link>
<description>Massachusetts becomes 24th state to modernize with combined reporting 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. &#x26;ldquo;Combined reporting,&#x26;rdquo; as the tax modernization is called, levels the playing field between businesses by preventing companies from using out-of-state subsidiaries to avoid paying their taxes. Five years ago less than 30% of the U.S. economy, represented by 16 states used combined reporting. Now including Massachusetts, over 55% of the economy will take place in states using combined reporting. Maryland lawmakers considered the proposal but failed to pass it in the 2007 special session.</description>
<guid isPermaLink="true">http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/states-closing-tax-loophole-comprise-55-of-economy</guid>
<pubDate>Thu, 03 Jul 2008 08:59:35 -0500</pubDate>
</item>

<item>
<title>Failure to Close Tax Loopholes Harms Maryland Businesses</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/failure-to-close-tax-loopholes-harms-maryland-businesses</link>
<description>Statement of Johanna Neumann, Policy Advocate for Maryland PIRG</description>
<guid isPermaLink="true">http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/failure-to-close-tax-loopholes-harms-maryland-businesses</guid>
<pubDate>Mon, 19 Nov 2007 14:48:27 -0600</pubDate>
</item>

</channel>
</rss>
