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This petition is no longer active.
201-225 of 14575 signatures
Number Date Name Add a Comment
14375 Tue Oct 25 15:57:44 EDT 2011 Anonymous
14374 Tue Oct 25 15:34:17 EDT 2011 VINCENT LONGOBARDO
14373 Tue Oct 25 14:53:31 EDT 2011 Donald Greene
14372 Tue Oct 25 14:12:11 EDT 2011 Laura Genna
14371 Tue Oct 25 14:06:19 EDT 2011 Leon De King Restore the Carter Era taxes on the rich!
14370 Tue Oct 25 14:05:10 EDT 2011 diane trembly
14369 Tue Oct 25 13:56:02 EDT 2011 Lynn Learch
14368 Tue Oct 25 13:13:52 EDT 2011 George and Kathleen O'Connell RESTORE THE TAXES FOR THE RICH DURING THE CARTER ADMINISTRATION.
THOSE TAX RATES WERE FAIR.
14367 Tue Oct 25 12:31:17 EDT 2011 Diane Terhune
14366 Tue Oct 25 12:20:28 EDT 2011 Carolyn Fernandez I am the 99% and I am furious about corporate greed and the politicians it buys!
Stop the cuts to the middle class and poor and make the wealthy pay their fair share!!!
14365 Tue Oct 25 12:09:35 EDT 2011 Charlotte Reynolds Consider AMERICAN CITIZENS...NOT Wall Street & Mega Corporations!!!!!
14364 Tue Oct 25 11:55:46 EDT 2011 Darral Faas
14363 Tue Oct 25 11:45:44 EDT 2011 Karen Starchvick subsidizing fossil fuels makes absolutely no sense in the current economy and when we need to be exploring alternative fuels, not encouraging more oil use.
14362 Tue Oct 25 11:35:02 EDT 2011 Keith Fabing Why are my tax dollars going to Big Oil? This is and has always been a complete and utter looting of the treasury. Stop it now and forever.
14361 Tue Oct 25 10:53:20 EDT 2011 David Carnese
14360 Tue Oct 25 10:21:03 EDT 2011 Richard Riggs We are already paying a fee to the stock companies for buying and selling stocks, a few more cents as a tax wouldn't affect my 100 share trades much and might pay for much needed regualtion. Money to the More....
14359 Tue Oct 25 09:16:11 EDT 2011 JOHN
14358 Tue Oct 25 09:05:33 EDT 2011 Rachel Girshick Entitlement programs for the wealthy MUST be stopped! We can NOT afford them, our current econimc crisis is due to their thievery!
14357 Tue Oct 25 07:09:26 EDT 2011 Linda Graham Those financially culpable must be held accountable, including political malfeasance.
14356 Tue Oct 25 06:22:11 EDT 2011 Carlos Echevarria
14355 Tue Oct 25 02:50:22 EDT 2011 j crum-vanlandingham
14354 Tue Oct 25 02:50:21 EDT 2011 j crum-vanlandingham
14353 Tue Oct 25 02:46:51 EDT 2011 E
14352 Tue Oct 25 01:50:31 EDT 2011 Doreen
14351 Tue Oct 25 00:35:38 EDT 2011 jim`` kruse
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