News Releases

News Release | PIRGIM | Tax

MICHIGAN could save $18.9 million with simple, proven method to curb offshore tax dodging, new study finds

 

Michigan taxpayers could save $18.9 million from a simple reform to crack down on offshore tax dodging, according to a new report released today by PIRGIM. The reform, which has already been proven effective in Montana and passed in Oregon, would require companies to treat profits booked to notorious tax havens as domestic taxable income. 

News Release | PIRGIM | Consumer Protection

New CFPB Rules Will Protect Homebuyers and Homeowners

On Friday, January 10, new Consumer Financial Protection Bureau (CFPB) rules will go into effect that will help protect homeowners and homebuyers from the mortgage abuses that led to the housing crisis. In particular, consumers will get protections from lenders that make risky loans without checking a borrower’s income, assets, or ability to repay a loan.

News Release | PIRGIM Education Fund | Consumer Protection

Survey Finds Dangerous Toys on Store Shelves

Dangerous or toxic toys can still be found on America’s store shelves, according to the Public Interest Research Group in Michigan’s 28th annual Trouble in Toyland report, released today at Beaumont Children’s Hospital. The survey of hazardous toys found that despite recent progress, consumers must still be wary when shopping this holiday season.

News Release | PIRGIM Education Fund | Consumer Protection

In Michigan, Experian Gets Big Complaints

A new report by PIRGIM Education Fund found that the most complained-about credit reporting agency in Michigan is Experian, and that Michigan ranks 38th nationally in credit report complaints per 100,000 residents.

The report used data collected by the Consumer Financial Protection Bureau’s public Consumer Complaints Database, which was created to help consumers resolve problems with their credit reports. The report compared complaints against the three nationwide credit reporting agencies (Equifax, Experian, and TransUnion), commonly referred to as credit bureaus, who were together responsible for 96% of all complaints about credit reporting.

News Release | PIRGIM | Democracy

PIRGIM, Members of the Michigan Election Coalition Urge Supreme Court to Rule Against Removing Limits on Campaign Expenditures

PIRGIM joined pro-democracy groups Common Cause Michigan, Communication Workers of America and the Michigan Campaign Finance Network, to urge the Supreme Court to rule against McCutcheon in MccCutcheon vs. FEC. The plaintiffs want the individual aggregate campaign contribution limit scrapped, so wealthy individuals and private interests can influence our electoral process even more. The court began hearing oral arguments on Tuesday, Oct 8.

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