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The Hidden Cost of Offshore Tax Havens in Illinois

The Hidden Cost of Offshore Tax Havens in Illinois

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Published by Zoe Galland
A look at the hidden cost of offshore tax havens in Illinois.
A look at the hidden cost of offshore tax havens in Illinois.

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Published by: Zoe Galland on Feb 07, 2013
Copyright:Attribution Non-commercial

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02/07/2013

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The Hidden Cost of Offshore Tax Havens
State Budgets Under Pressurefrom Tax Loophole Abuse
 
The Hidden Cost ofOffshore Tax Havens
State Budgets Under Pressurefrom Tax Loophole Abuse
Illinois PIRG Education Fund
Jordan Schneider and Elizabeth Ridlington,Frontier GroupPhineas Baxandall and Dan Smith,U.S. PIRG Education Fund 
January 2013
 
Acknowledgments
Layout & Graphic Design: Harriet Eckstein Graphic DesignCover image: Handshake and beach scene photos by bigstockphoto.com contributors Ljupco Smokovskiand Maria Skaldina. Photo design by To the Point Publications, tothepointpublications.com.
 The authors wish to thank Matt Gardner, Executive Director at Institute on Taxation andEconomic Policy, or his review o this report. The authors would also like to thank Tony Dutzik and Travis Madsen o Frontier Group or editorial assistance. The authors bear responsibility or any actual errors. The recommendations are those o Illinois PIRG Education Fund. The views expressed in this report are those o the authorsand do not necessarily reect the views o our unders or those who provided review.2013, Illinois PIRG Education Fund. Some Rights Reserved. This work is licensed undera Creative Commons Attribution Non-Commercial No Derivatives 3.0 Unported License. To view the terms o this license, visit creativecommons.org/licenses/by-nc-nd/3.0/us. You are ree to display, reproduce, and distribute this work in its entirety or non-com-mercial purposes, with proper attribution. To attribute this work, please credit IllinoisPIRG Education Fund and provide a link to illinoispirgedund.org. With public debate around important issues oten dominated by special interests pursu-ing their own narrow agendas, Illinois PIRG Education Fund oers an independent voicethat works on behal o the public interest. Illinois PIRG Education Fund, a 501(c)(3)organization, works to protect consumers and promote good government. We investigateproblems, crat solutions, educate the public, and oer meaningul opportunities or civicparticipation.Frontier Group conducts independent research and policy analysis to support a cleaner,healthier and more democratic society. Our mission is to inject accurate inormation andcompelling ideas into public policy debates at the local, state and ederal levels. For moreinormation about Frontier Group, please visit www.rontiergroup.org.

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