MASSPIRG Ban Roundup & CFPB Homepage 3.16.17

What's New

Blog Post | Consumer Protection

Consumers Stuck without Stickers | Deirdre Cummings

A new law lets supermarkets dump price stickers. Among many suggestions, MASSPIRG calls for 21st century complaint process--allowing shoppers to file complaints at the register or price scanner with their smart phone.

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Blog Post | Budget, Tax

New Legislation to Close Off Shore Tax Haven Loopholes - Will Save Taxpayers $200 Million | Deirdre Cummings

New bill filed in Washington to close off shore tax haven loopholes. 

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Blog Post | Consumer Protection, Financial Reform

SENATORS HOLD CFPB DIRECTOR HOSTAGE, ROIL MARKETS | Deirdre Cummings

On Friday, most Senate Republicans again sent the President a letter saying they would not confirm Richard Cordray to a full term as CFPB director unless the agency's powers and independence were first gutted. Their intransigence contributes to market uncertainty that ignores at least three things: The CFPB is here to stay; the public wants the CFPB; and, banks lose to payday lenders if the director is not confirmed.

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News Release | MASSPIRG Education Fund | Budget, Tax

Offshore Tax Dodging Blows a $1.6 Billion Hole in Massachusetts Budget

With Massachusetts in the midst of a budget crisis, MASSPIRG, joined by business leaders and elected officials, released a new study revealing that Massachusetts lost $1.6 billion due to offshore tax dodging in 2012. Many of America’s wealthiest individuals and largest corporations, including Wells Fargo, Citigroup, McDonalds, Target, Costco, Exxon Mobil, Intel, and Coca-Cola, and Sears  use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.

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Report | MASSPIRG Education Fund | Budget, Tax

The Hidden Costs of Offshore Tax Havens

When U.S. corporations and wealthy individuals use offshore tax havens to avoid paying taxes to the federal government, it is an abuse of our tax system. Tax haven abusers benefit from our markets, infrastructure, educated workforce, and security, but they pay next to nothing for these benefits. Ultimately, taxpayers must pick up the tab, either in the form of higher taxes, cuts to public spending priorities, or increased national debt. Massachusetts alone lost $1.66 billion in 2012.

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News Release | MASSPIRG | Budget, Tax

New National Poll finds Strong, Bipartisan Demand for Transparency in Economic Recovery Package

An overwhelming majority of voters want full and open reporting on how Recovery Act funds are spent at federal and state levels, according to a nationwide survey.

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Cambridge Chronicle - Fiscal crisis pushes changes to bottle bill

At a time when budget cuts, contracting industries and vanishing jobs are forcing lawmakers to accept some tough tradeoffs, Wolf said the legislature would be ill-advised to pass up this opportunity.

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News Release | MASSPIRG | Health Care

New Report: Without Reform, Health Costs Will Double

Without action from Congress, and continued commitment and leadership from the Massachusetts legislature and health care regulators, health care premiums and deductibles with employer provided insurance will nearly double by 2016, according to a new report released today by MASSPIRG.

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News Release | MASSPIRG | Budget, Tax

MASSPIRG Released A New Transparent Budget Report: Transparency.gov2.0

MASSPIRG released a new report today highlighting the benefits and need for an open and transparent state budget.

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U.S. House Passes Credit Cardholders’ Bill of Rights

Rep. Carolyn Maloney (NY) bowled a 300 game today, as the House approved her bi-partisan Credit Cardholders' Bill of Rights, HR 5244 by an overwhelming 312-112 vote, with all of the Massachusetts Congressional delegation voting in favor of it.

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Defend the CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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