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- Coalition Letter Urging the Super Congress to Cut Fossil Fuel Subsidies (PDF)
- Public Citizen Statement on Taxing Financial Speculation
- In-Depth Resources on the Financial Transactions Tax from the Center for Economic and Policy Research
- Public Citizen's Work Advocating Clean Energy
- Public Citizen's Work Advocating Financial Reform
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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
|Number||Date||Name||Add a Comment|
|14425||Thu Oct 27 13:24:05 EDT 2011||Jonathan Albrecht|
|14424||Thu Oct 27 11:53:28 EDT 2011||K. Arnone|
|14423||Thu Oct 27 11:27:48 EDT 2011||Angela Spotts|
|14422||Thu Oct 27 10:35:30 EDT 2011||Ramon Seidler|
|14421||Thu Oct 27 09:53:18 EDT 2011||Don Bianchi|
|14420||Thu Oct 27 09:51:13 EDT 2011||anne veraldi|
|14419||Thu Oct 27 08:24:56 EDT 2011||Linda Wildes|
|14418||Thu Oct 27 08:24:08 EDT 2011||June Maselli|
|14417||Thu Oct 27 06:34:15 EDT 2011||Rig Morales|
|14416||Thu Oct 27 06:24:37 EDT 2011||Helen Malvick|
|14415||Thu Oct 27 02:34:57 EDT 2011||Daniel Senic|
|14414||Thu Oct 27 01:27:39 EDT 2011||Arthur Solomon||Just one of the 99% writing this. Hopefull I (we) HAVE SOME DEMOCRATIC INFLUENCE ON OUR LEGISLATURES OR IS IT TOO LATE??|
|14413||Thu Oct 27 00:23:59 EDT 2011||Rose Byrnes|
|14412||Wed Oct 26 23:37:53 EDT 2011||Brian Krahmer|
|14411||Wed Oct 26 23:34:01 EDT 2011||John Staunton|
|14410||Wed Oct 26 22:48:32 EDT 2011||Linda|
|14409||Wed Oct 26 21:46:00 EDT 2011||Allen|
|14408||Wed Oct 26 19:58:28 EDT 2011||michael mylet|
|14407||Wed Oct 26 19:25:47 EDT 2011||Evelyn Roberson|
|14406||Wed Oct 26 19:20:48 EDT 2011||Tommy Hahn||You have no right to cut our social security and medicare. We contribute to them all of our working lives and we are entitled to it. Stop the oil subsidies and stop the wars and you might find it helps. More....|
|14405||Wed Oct 26 18:43:38 EDT 2011||Barbara Ashman|
|14404||Wed Oct 26 17:54:05 EDT 2011||john wagner|
|14403||Wed Oct 26 15:42:33 EDT 2011||Douglas Hagens|
|14402||Wed Oct 26 15:04:32 EDT 2011||Andrew|
|14401||Wed Oct 26 14:24:12 EDT 2011||William Binder|
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