Articles by Ilya Slavinski

 
From the community

Offshore Tax Havens Cost Average Maine Taxpayers $222 a Year, Each Maine Small Business $954

By Ilya Slavinski on April 13, 2012, at 11:26 a.m.
April 12, Portland – With tax day approaching, a new study released by U.S. PIRG found that the average Maine taxpayer in 2011 would have to shoulder an extra $222 tax burden to make up for revenue lost from corporations and wealthy individuals shifting income to offshore tax havens. The …
From the community

The Regulatory Accountability Act is a Dangerous Bill that Threatens the Health of Our Children

By Ilya Slavinski on Feb. 01, 2012, at 2:18 p.m.
An opinion piece that appeared in Politico on January 31st, by Senator Pryor and Senator Portman misleadingly paints the Regulatory Accountability Act (RAA/H.R. 3010), a bill sponsored by Senator Collins, as a regulatory savior. This could not be further from the truth. In reality, the RAA would create new hurdles …
From the community

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

By Ilya Slavinski on Jan. 18, 2012, at 10:41 a.m.
PORTLAND, Maine —  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 –U.S. PIRG and Citizens for Tax Justice reveal 30 corporations that spent more to lobby Congress than they did in taxes. The …
From the community

President’s Recess Appointment Gives Watchdog Teeth It Needs To Protect Consumers From Wall Street or Payday Lender Financial Shenanigans

By Ilya Slavinski on Jan. 04, 2012, at 10:49 a.m.
Kudos to President Obama for standing up for consumers this week by making a recess appointment of former Ohio Attorney General Richard Cordray to head the new Consumer Financial Protection Bureau. The President’s action means that the CFPB now has all its powers to protect the public from unfair financial …
From the community

Eight Maine Organizations Join U.S. PIRG and Consumers Union

By Ilya Slavinski on Dec. 07, 2011, at 3:56 p.m.
WASHINGTON, D.C. – Eight Maine organizations joined US PIRG and the Consumers Union to urge Senator Senator Snowe and Senator Collins to support the nomination of former Ohio Attorney General Richard Cordray as the director of the new Consumer Financial Protection Bureau. The eight organizations include Maine People’s Alliance, Maine …
From the community

Trouble in Toyland

By Ilya Slavinski on Nov. 14, 2011, at 11:59 a.m.
Holiday shopping season is upon us once again. As a parent, relative or friend, shopping for toys for the children in your life can be a challenge. We don’t always know if the gifts will be a hit but the one thing we count on is that the toys we …
From the community

Veterans Day Is Here, But the U.S. Senate Has Left Veterans and Others In Harm’s Way from For-Profit Schools and Other Predatory Lenders

By Ilya Slavinski on Nov. 11, 2011, at 1:07 p.m.
For the last three months or so, since July 21, the new Consumer Financial Protection Bureau, or CFPB – a centerpiece of the 2010 Wall Street Reform and Consumer Protection Act — has been up and running. It’s the nation’s first federal financial regulator with only job—protecting consumers, including servicemembers, …
From the community

Treasury steps up effort to strengthen CFPB by confirming Cordray– opposes “partisan obstructionism” that harms military families in financial marketplace

By Ilya Slavinski on Nov. 03, 2011, at 10:50 a.m.
Over at the Treasury Department blog, Treasury’s Anthony Coley says that “When Partisan Obstruction Goes Too Far,” it hurts the CFPB’s ability to protect military families. From the blog: “As we approach Veterans Day, I can think of no better way to show how much we appreciate our men and …
From the community

Chairman Camp’s Tax Reform Would Create a Permanent Corporate ‘Tax Holiday’

By Ilya Slavinski on Oct. 31, 2011, at 3:26 p.m.
We were disappointed to see the introduction of House Ways and Means Committee Chairman Dave Camp’s tax reform proposal especially given the revelations regarding the growing number corporate tax avoidance schemes this past year. The plan would take today’s flawed tax system and make it even worse. Too many large …
From the community

First Nationwide Study Shows Why Maine Needs to Stay Weary, Finds 1-in-5 Americans Live Where Traffic Cameras Used; Recommends Ten Safeguards to Protect Municipalities and Drivers

By Ilya Slavinski on Oct. 27, 2011, at 1:06 p.m.
A new research report released today outlines problems with the growing trend among cities to outsource traffic enforcement to red-light and speed camera vendors. Maine law currently prevents automated ticketing of drivers using red-light cameras. But with municipalities so desperate for cash, who knows how long that will last? A …
From the community

Nationwide study of new health exchanges shows Maine how to lower costs for consumers

By Ilya Slavinski on Oct. 20, 2011, at 9:40 a.m.
PORTLAND, MAINE – Many states are creating health exchanges to deliver better value for consumers, and Maine should follow their lead, according to Making the Grade, http://tinyurl.com/3bn85wt , a new report by USPIRG. Health exchanges are competitive marketplaces that can empower individuals and small businesses with better, more affordable options …
From the community

If our political leaders REALLY want to help small business…

By Ilya Slavinski on Oct. 14, 2011, at 12:47 p.m.
It seems like almost every other word we hear from our political leaders is about the need to support small businesses to get the economy back on track. As small business owners, there’s one simple thing that could be done that would provide almost immediate help. Small business owners have …
From the community

Frenzy growing over Bank of America fees (Plus tips for consumers)

By Ilya Slavinski on Oct. 06, 2011, at 10:50 a.m.
Bank of America has some nerve and the furor over their decision to gouge debit cardholders $5 bucks each month they swipe their cards at a merchant is growing across the country. Big banks don’t worry about people voting with their feet because they think consumers are too lazy to …
From the community

Unless It Confirms Nominee to New Consumer Bureau; Senate Leaves Soldiers and Veterans in Harm’s Way from For-Profit Schools and Other Predatory Lenders

By Ilya Slavinski on Sept. 28, 2011, at 2:47 p.m.
For the last two months or so, since July 21, the new Consumer Financial Protection Bureau, or CFPB – a centerpiece of the 2010 Wall Street Reform and Consumer Protection Act — has been up and running. It’s the nation’s first federal financial regulator with only job—protecting consumers, including servicemembers, …
 
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