Democracy

Why Target is Still a Target

By | Bruce Speight
Director

When Target’s CEO Gregg Steinhafel used general treasury funds, money that rightfully belongs to the corporation’s shareholders, to support a group backing a candidate known for his outspoken anti-LGBT positions, it was more than a blemish on the reputation of a corporation that brands itself as progressive. That irresponsible contribution was a violation of both shareholder and public trust and, not surprisingly, it resulted in scandal and boycotts that threatened the assets of shareholders who never authorized the use of their money for political spending.

Media Hit | Democracy

Campaign 2012 News Conference: WISPIRG, Wisconsin Democracy Campaign on Campaign Spending Reform

A coalition of Wisconsin leaders and organizations is calling on Republican Governor Scott Walker and Democratic challenger Tom Barrett to pledge to the people of Wisconsin that they will take action, call a special session and provide Wisconsinites full disclosure of the source of campaign dollars and issue ads for state races and close loopholes that allow unlimited campaign fundraising. 

Click on the title above to watch the press conference on Wisconsin Eye.

 

News Release | WISPIRG Foundation | Democracy

Wisconsinites Call on Barrett, Walker to Pledge ‘Special Legislative Session to Protect our Democracy’

A coalition of Wisconsin leaders and organizations is calling on Republican Governor Scott Walker and Democratic challenger Tom Barrett to pledge to the people of Wisconsin that they will take action, call a special session and provide Wisconsinites full disclosure of the source of campaign dollars and issue ads for state races and close loopholes that allow unlimited campaign fundraising. 

News Release | WISPIRG | Democracy

First-of-its-kind “Refrain From Political Spending” Resolution to Be Voted on at Bank of America Shareholder Meeting Wednesday

On Wednesday, May 9, shareholders at Bank of America will vote “yay” or “nay” on a first-of-its-kind “refrain from political spending” resolution. Resolutions addressing political spending are among the most popular in the 2012 shareholder season, many dealing with the disclosure of such spending. This is the first shareholder season for this groundbreaking resolution which was introduced by socially responsible investment firms Trillium Asset Management at Bank of America and 3M Corporation and by Green Century Capital Management at Target Corporation.

Who Owns Big Oil? We do!

By | Bruce Speight
Director

The American Petroleum Institute has a new public image campaign- www.whoownsbigoil.org The purpose of this website, presumably, is to convince us that if we raise taxes on hugely profitable corporations we will only be hurting ourselves. Why? Because we are all shareholders of those corporations and when they are taxed we suffer.

Making Super PACs Illegal

By | Bruce Speight
Director

There are some very important steps that every level of government – from your city council to the White House - should take right now to mitigate the impact of super PACs before the 2012 election.

Report | WISPIRG Foundation, Demos | Democracy

Auctioning Democracy

Results of Dēmos and U.S. PIRG Education Fund analysis of Federal Election Commission data on Super PACs from their advent in 2010 through the end of 2011.

Media Hit | Democracy, Tax

WI Public Radio: PROPOSED LAW AIMS TO CONTROL CORPORATE SPENDING ON POLITICAL CAMPAIGNS

A new WISPIRG report focuses on thirty wealthy corporations that spent $2 billion lobbying for a wide range of legislation, yet paid little if any corporate taxes. WISPIRG spokesman Bruce Speight says in most cases they paid no taxes, "Twenty-nine of the 30 so deftly exploited the tax loopholes in our tax code that they boasted negative tax rates meaning they are getting money back from our government."

Report | WISPIRG Foundation | Democracy, Tax

Representation Without Taxation

Marking the second anniversary of the Supreme Court’s decision in the Citizens United vs. FEC case – which opened the floodgates to corporate spending on elections – this report takes a hard look at the lobbying activities of profitable Fortune 500 companies that exploit loopholes and work to distort the tax code to avoid billions of dollars in taxes.

News Release | WISPIRG | Democracy, Tax

Thirty Fortune 500 Companies Paid More to Lobby Congress than they Did in Federal Income Taxes

With the second anniversary approaching of the Supreme Court’s decision in the Citizens United case – which opened the floodgates to corporate spending on elections – WISPIRG and Citizens for Tax Justice reveal 30 corporations that spent more to lobby Congress than they did in taxes.

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