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Offshore tax havens cost R.I. residents

PROVIDENCE – Offshore tax havens cost every Rhode Island taxpayer an average of $532 a year and each small business $2,766 per year, according to a report released Thursday by the R.I. Public Interest Research Group.

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News Release | RIPIRG | Budget, Tax

Rhode Island Taxpayers Would Pay $532 to make up for Tax Haven Abuse, Small Businesses $2,766

With tax day approaching, a new study released by RIPIRG found that in 2011, the average Rhode Island taxpayer would have to shoulder an extra $532 tax burden to make up for revenue lost from corporations and wealthy individuals shifting income to offshore tax havens. The report additionally found that to cover the cost of the corporate abuse of tax havens in 2011, small businesses in Rhode Island would have to foot a bill of $2,766 on average.

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Report | RIPIRG | Budget, Tax

Picking Up the Tab

Some U.S.-based multinational firms or individuals avoid paying U.S. taxes by transferring their earnings to tax haven countries with minimal or no taxes. These tax haven users benefit from their access to America’s markets, workforce, infrastructure and security; but they pay little or nothing for it—violating the basic fairness of the tax system and forcing other taxpayers to pick up the tab.

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News Release | RIPIRG Education Fund | Transportation

New Report: Long-Term Drop in How Much People Drive, Youth Desire More Transportation Options

A new report released today by RIPIRG, authored by the U.S. PIRG Education Fund and the Frontier Group, demonstrates that Americans have been driving less since the middle of last decade. The report, Transportation and the New Generation: Why Young People are Driving Less and What it Means for Transportation Policy, shows that young people in particular are decreasing the amount they drive and increasing their use of transportation alternatives.

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Report | Frontier Group & U.S. PIRG Education Fund | Transportation

Transportation and the New Generation

From World War II until just a few years ago, the number of miles driven annually on America’s roads steadily increased. Then, at the turn of the century, something changed: Americans began driving less. By 2011, the average American was driving 6 percent fewer miles per year than in 2004. 

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