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This petition is no longer active.
176-200 of 14575 signatures
Number Date Name Add a Comment
14400 Wed Oct 26 13:43:26 EDT 2011 Mark Hein
14399 Wed Oct 26 13:01:05 EDT 2011 Richard Stallman
14398 Wed Oct 26 12:49:54 EDT 2011 Sue Fitzpatrick
14397 Wed Oct 26 12:13:41 EDT 2011 Maureen Conliss
14396 Wed Oct 26 08:13:49 EDT 2011 Steve Overton
14395 Wed Oct 26 02:36:53 EDT 2011 Richard Black
14394 Wed Oct 26 02:01:27 EDT 2011 Tracy Holthaus
14393 Tue Oct 25 23:42:38 EDT 2011 Wayne Mullins
14392 Tue Oct 25 23:17:24 EDT 2011 Michael Wenger Wall Street has proven itself to be the engine of economic destruction, fueled by unregulated and unmitigated greed. The fossil fuel industry will pollute and combust our way into environmental no-mans More....
14391 Tue Oct 25 22:59:37 EDT 2011 Karen Graham Oil companies don't need susidies. They already have tremendous profits. They need to do everything they can to protect our environment. No more getting paid to rape the land and sea.
14390 Tue Oct 25 22:42:40 EDT 2011 Ted Neumann
14389 Tue Oct 25 22:20:17 EDT 2011 Anonymous
14388 Tue Oct 25 21:57:11 EDT 2011 Daryl Ross
14387 Tue Oct 25 20:42:55 EDT 2011 Phil Rourk
14386 Tue Oct 25 20:40:10 EDT 2011 Lynn Conover
14385 Tue Oct 25 20:38:31 EDT 2011 caleb robertson Its time for that good ole positive change...
14384 Tue Oct 25 20:33:35 EDT 2011 Frank Tonhazy
14383 Tue Oct 25 20:12:44 EDT 2011 Henry Jones
14382 Tue Oct 25 19:43:59 EDT 2011 Susan Perez
14381 Tue Oct 25 19:03:42 EDT 2011 david gifford
14380 Tue Oct 25 18:33:56 EDT 2011 Gregory Gilbert
14379 Tue Oct 25 18:10:20 EDT 2011 Naomi Schechter
14378 Tue Oct 25 16:45:27 EDT 2011 Kimberly Abbott
14377 Tue Oct 25 16:26:19 EDT 2011 Donald Cowan
14376 Tue Oct 25 16:02:23 EDT 2011 melissa miller oil companies don't need subsidies,out of work Americans do.
<- Prev Next ->

© Public Citizen. 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.