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New Legislation Would Close Corporate Tax Loopholes, Save Taxpayers $155 billion
Statement of U.S. PIRG Tax and Budget Associate Dan Smith on the introduction of the Cut Unjustified Tax Loopholes Act (CUT Loopholes Act, S.2075) by Senators Carl Levin and Kent Conrad.
“The CUT Loopholes Act goes a long way in making sure corporations play by the same rules as ordinary taxpayers. Our tax code is currently riddled with loopholes that serve no public purpose and allow wealthy special interests to shift their tax burden to the rest of us. read more
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Maldives Must Avoid Persecution of Ousted Government
The new authorities in the Maldives must avoid persecuting members of outgoing president Mohammed Nasheed's political party, Amnesty International said today, after Mr. Nasheed resigned following a police mutiny in the country. read more
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Freedom to Marry Calls 9th Circuit Ruling "Powerful"
Today, the U.S. 9th Circuit Court of Appeals upheld a lower court ruling that found that Proposition 8, the state constitutional amendment that stripped the freedom to marry away from gay and lesbian couples in California, violates the U.S. Constitution.
Evan Wolfson, founder and President of Freedom to Marry, the campaign to win marriage nationwide, issued the following statement in response to the ruling: read more
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A Lower Dollar Would Ease the Pressure of the Unbalanced Trade Deficit
A new report released today by the Center for Economic and Policy Research (CEPR) demonstrates that a reduction of the value of the dollar would not only correct the large trade deficit in the United States, but would also lead to a boom in the manufacturing sector, potentially creating millions of jobs. read more
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PFAW Commends Ninth Circuit Ruling on Prop 8
The Ninth Circuit Court of Appeals today upheld the district court decision striking down California’s Proposition 8, which bans marriage equality in the state. Michael Keegan, president of People For the American Way, issued the following statement in response:
“Today’s ruling is a major victory for equality and for the thousands of California couples who saw their marriage rights disappear four years ago. read more
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