Tell the Super Congress:

Tax Wall Street and Cut Fossil Fuel Subsidies

The 12-member Super Congress is in the process of figuring out how to reduce the national deficit.

So far, the deficit discussion has been dominated by nonsense. Much of it has focused on huge cuts to Medicare and Social Security as well as other important programs.

We’re going to introduce some sense to the nonsense, and show them how to reduce the deficit by $1.1 trillion over 10 years.

Fossil fuel subsidies are a commonsense place to make cuts.

The polluting profiteers in the oil, coal and gas industries do not need taxpayer money. Over the least decade, the largest oil and gas companies alone reaped more than $1 trillion in profits. Ending fossil fuel subsidies would reduce national debt by $122 billion over ten years.

Wall Street is a commonsense place to increase revenue.

A very small tax on short-term speculation on Wall Street would boost federal revenue by $100 billion a year. This financial transactions tax would also create a disincentive for Wall Street’s riskiest practices – many of which continue despite the fact that these risky practices led to the economic collapse in 2008.

Sign the Petition to the Super Congress

We, the undersigned, call on the 12-member Joint Select Committee on Deficit Reduction (a.k.a. Super Congress) to end fossil fuel subsidies and enact a financial transactions tax. Doing so would reduce the deficit by more than an estimated $1.1 trillion over 10 years.

Add Your Name to the Petition Below

This petition is no longer active.
126-150 of 14575 signatures
Number Date Name Add a Comment
14450 Fri Oct 28 12:09:47 EDT 2011 Cathy Schrott
14449 Fri Oct 28 12:00:08 EDT 2011 Kimberly Wiley
14448 Fri Oct 28 11:11:01 EDT 2011 Julia Ranft
14447 Fri Oct 28 09:43:46 EDT 2011 tim gabbert
14446 Fri Oct 28 05:27:09 EDT 2011 William Hackett
14445 Thu Oct 27 23:33:37 EDT 2011 Anonymous
14444 Thu Oct 27 21:57:19 EDT 2011 Anonymous
14443 Thu Oct 27 21:23:37 EDT 2011 Andrea Peterson
14442 Thu Oct 27 20:58:11 EDT 2011 daisy swadesh
14441 Thu Oct 27 20:39:54 EDT 2011 NATHANA MARUNICH
14440 Thu Oct 27 19:35:50 EDT 2011 van brown
14439 Thu Oct 27 18:10:18 EDT 2011 Ann White
14438 Thu Oct 27 17:59:00 EDT 2011 Lee Forrest
14437 Thu Oct 27 17:43:23 EDT 2011 Andrea Callahan Capitalism is supposed to work in way that lets consumers choose our future course. If you subsidize fossil fuels, that gives fossil fuel companies an exceptional advantage in the marketplace. If we ever More....
14436 Thu Oct 27 17:08:15 EDT 2011 Christopher Bush
14435 Thu Oct 27 17:07:06 EDT 2011 JOYCE BALDWIN
14434 Thu Oct 27 16:45:34 EDT 2011 Donna Authelet
14433 Thu Oct 27 16:09:49 EDT 2011 Robert&Mary Swain
14432 Thu Oct 27 15:54:41 EDT 2011 Michael Deagon
14431 Thu Oct 27 14:57:45 EDT 2011 Anonymous Politicians! Please take stock! We want you to work for the common good of the people and not corporations!
14430 Thu Oct 27 14:53:35 EDT 2011 Margaret Pegher We pay into these "entitlements", so we are entitled to get them. So, expand the programs, don't cut them and make the 1% of free-loaders, the million and billionaires, pay for these programs--that way, More....
14429 Thu Oct 27 14:42:18 EDT 2011 Monika Kordas Please prove to me that youre time in office is spent truely representing the American public - and NOT providing a service to the business sector - or all the other people whos pockets are deep enough More....
14428 Thu Oct 27 14:29:00 EDT 2011 David Dulin I think that the people and organizations who are in favor and profit from wars should start paying their fair share of taxes to support it. Stealing my social security and medicare shouldn't even be More....
14427 Thu Oct 27 14:12:54 EDT 2011 Neil Haller
14426 Thu Oct 27 14:01:58 EDT 2011 Anonymous
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