News Releases

News Release | Illinois PIRG | Tax

New Bill: No Federal Contracts for Companies that Renounce American Corporate Citizenship to Dodge Taxes

Statement of Illinois PIRG Tax and Budget Advocate Dan Smith on the introduction of the No Federal Contracts for Corporate Deserters Act, introduced by Senators Richard Durbin and Carl Levin in the Senate, and Reps. DeLauro and Doggett in the House.

News Release | Illinois PIRG | Democracy

Advocates to Illinois General Assembly: Don't Override Governor's Veto of Bad FOIA Bill

Good government advocates are calling on the Illinois General Assembly to not override Governor Pat Quinn’s veto of HB 3796, a recently passed bill that damages the Illinois Freedom of Information Act (FOIA) by constructing legal impediments designed to greatly limit the public’s access to local government records—information the people are entitled to review and which is paid for with tax dollars.

News Release | Illinois PIRG Education Fund | Tax

Study: 70% of Fortune 500 Companies Used Tax Havens in 2013

Tax loopholes encouraged more than 70 percent of Fortune 500 companies – including Abbot Labs and Caterpillar – to maintain subsidiaries in offshore tax havens as of 2013, according to the report “Offshore Shell Games,” released today by Illinois PIRG Education Fund and Citizens for Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 62 percent of the total, or $1.2 trillion.

News Release | Illinois PIRG | Democracy

Just Democracy Campaign Commends IL Legislature on Good First Step for Election Reform

The Just Democracy campaign congratulates the Illinois Legislature for passing HB105 last Friday evening. The legislation will make it easier for Illinoisans to vote by allowing eligible Illinoisans to register or update their voter registration and then vote on Election Day.

News Release | Illinois PIRG | Tax

Taxpayers Win, as Justice Department Blocks Credit Suisse Tax Write Off

On Tuesday, the Justice Department acted in the best interests of taxpayers by blocking Credit Suisse from writing off their $2.6 billion settlement for aiding tax evasion. The unpublicized stipulation will likely save taxpayers hundreds of millions of dollars by preventing the bank from treating the payment as an ordinary business cost on its taxes.

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