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This petition is no longer active.
151-175 of 14575 signatures
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
<- Prev Next ->

Copyright © 2016 Public Citizen. All rights reserved. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation.
Learn More about the distinction between these two components of Public Citizen.

Public Citizen, Inc. and Public Citizen Foundation

Together, two separate corporate entities called Public Citizen, Inc. and Public Citizen Foundation, Inc., form Public Citizen. Both entities are part of the same overall organization, and this Web site refers to the two organizations collectively as Public Citizen.

Although the work of the two components overlaps, some activities are done by one component and not the other. The primary distinction is with respect to lobbying activity. Public Citizen, Inc., an IRS § 501(c)(4) entity, lobbies Congress to advance Public Citizen’s mission of protecting public health and safety, advancing government transparency, and urging corporate accountability. Public Citizen Foundation, however, is an IRS § 501(c)(3) organization. Accordingly, its ability to engage in lobbying is limited by federal law, but it may receive donations that are tax-deductible by the contributor. Public Citizen Inc. does most of the lobbying activity discussed on the Public Citizen Web site. Public Citizen Foundation performs most of the litigation and education activities discussed on the Web site.

You may make a contribution to Public Citizen, Inc., Public Citizen Foundation, or both. Contributions to both organizations are used to support our public interest work. However, each Public Citizen component will use only the funds contributed directly to it to carry out the activities it conducts as part of Public Citizen’s mission. Only gifts to the Foundation are tax-deductible. Individuals who want to join Public Citizen should make a contribution to Public Citizen, Inc., which will not be tax deductible.

To become a member of Public Citizen, click here.
To become a member and make an additional tax-deductible donation to Public Citizen Foundation, click here.