Tax

Maryland PIRG is disappointed in the Senate’s approval of the 2012 Farm Bill, which will send tens of billions of taxpayer dollars to Big Ag. The Senate missed a golden opportunity to tackle the problem of wasteful agricultural subsidies, which have cost taxpayers $260 billion since 1995.  Instead, this bill recommits to taxpayer support for the largest agribusinesses. 

Senate Farm Bill Moves to Floor

By | Jenny Levin
Public Health Advocate

The Senate is moving to vote on the farm bill, S.3240, that would continue the current system of agricultural subsidies to large, profitable, agribusiness. Taxpayers’ hard earned dollars will be handed out needlessly in the billions. And subsidies will continue for corn and soy, which is then processed into junk food ingredients, like high fructose corn syrup, accelerating the obesity epidemic in America. 

Maryland PIRG Testimony on Personal Property Tax

By | Jenny Levin
Public Health Advocate

Maryland PIRG supports HB 1096, for the purpose of repealing certain property tax exemptions for certain personal property owned by certain financial institutions; providing for the application of this Act; and generally relating to the repeal of certain property tax exemptions for certain personal property owned by certain financial institutions.

Tax Shell Game

Tax havens are countries with minimal or no taxes, to which U.S.-based multinational firms or individuals transfer their earnings to avoid paying taxes in the United States. Users of tax havens benefit from access to America’s markets, workforce, infrastructure and security, but pay little or nothing for it—violating the basic fairness of the tax system.

News Release | Budget, Tax

Report Shows Fortune 500s Pay Few State Taxes

A comprehensive new study from the Institute on Taxation and Economic Policy while profiles the 265 consistently profitable Fortune 500 corporations finds that 68 companies paid no state corporate income tax in at least one of the last three years and 20 of these corporations averaged a tax rate of zero or less during the 2008-2010 period.

News Release | Budget, Tax

New Report Shows Problems with Widely Used Local Economic Development Tool

A new research report released today outlines problems with the growing trend among cities to borrow against future growth and divert tax revenues as a way to attract economic development.

Report | Maryland PIRG Foundation | Budget, Tax

Tax-Increment Financing

Tax-increment financing (TIF) has been a widely used tool for municipalities seeking private investment. When used properly, TIF can promote enduring growth and stronger communities for blighted neighborhoods; but TIF can also end up wasting taxpayer resources or channeling money to politically favored special interests.

News Release | Budget, Tax

Taxpayer Subsidies for Junk Food Wasting Billions

Federal subsidies for commodity crops are also subsidizing junk food additives like high fructose corn syrup, enough to pay for 19 Twinkies per taxpayer every year, according to Apples to Twinkies, a new report by Maryland PIRG.   Meanwhile, limited subsidies for fresh fruits and vegetables would buy less than a quarter of an apple per taxpayer.

Report | Budget, Tax

Toward Common Ground

To break through the ideological divide that has dominated Washington this past year and offer a pathway to address the nation’s fiscal problems, the National Taxpayer Union and U.S. PIRG joined together to identify mutually acceptable deficit reduction.

News Release | Budget, Tax

Unlikely Allies Uncover $1 Trillion in Savings for Super Committee

As the Congressional “Super Committee” begins its search for $1.5 trillion in deficit reduction, a new study released today by the U.S. Public Interest Research Group (U.S. PIRG) and the National Taxpayers Union (NTU) provides the panel with a great place to start: more than $1 trillion of spending cuts with appeal from across the political spectrum.

Pages

Subscribe to RSS - Tax

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.

Support us

Your donation supports Maryland PIRG's work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates, and take action on critical issues.
Optional Member Code