Together we can make sure tax and budget decisions reflect our shared priorities and balance competing values.
MASSPIRG urges legislative committee to recognize the value of the work of family caregivers by allowing them to qualify for the Earned Income Tax Credit, H.2871/S1841 An Act to increase family stabilization through the earned income tax credit filed by Rep. Marjorie Decker and Sen. Sal DiDomenico, to support the unpaid contributions of Americans caring for a loved one.
In the early hours of Wednesday morning, the Massachusetts State Legislature passed a bond bill, which authorized $16.5 billion for transportation spending in the Commonwealth. These authorizations included much needed spending on road and bridge repair, "complete" streets better geared towards multiple forms of transportation and expanding and maintaining our transit systems.
Massachusetts received an A- 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 MASSPIRG Education Fund.
Due to Congressional inaction, the interest rates on federally subsidized student loans doubled on July 1 from 3.4 percent to 6.8 percent.
With Tax Day approaching, it’s a good time to be reminded of where our tax dollars are going. MASSPIRG released a new study which revealed that the average Massachusetts taxpayer in 2012 would have to shoulder an extra $1,542 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals.
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.
