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This petition is no longer active.
26-50 of 14575 signatures
Number Date Name Add a Comment
14550 Sat Nov 12 00:36:37 EST 2011 Nancy Hepp
14549 Fri Nov 11 18:38:42 EST 2011 Janice Foss
14548 Fri Nov 11 16:37:08 EST 2011 Montie VanNostrand
14547 Fri Nov 11 16:25:04 EST 2011 anne baumann Prove that you are not a bunch of corporate shills. Do the right thing and support the common good over speculators and oil billionaires. I know it won't be easy with all their money trying to buy your More....
14546 Fri Nov 11 11:56:08 EST 2011 Steven Stansbery
14545 Fri Nov 11 06:06:00 EST 2011 Richard Sllen It's more important to do right than to be right.
14544 Fri Nov 11 03:00:50 EST 2011 David Julien
14543 Thu Nov 10 20:51:44 EST 2011 Vicki Corley
14542 Thu Nov 10 20:31:04 EST 2011 Frank Smith
14541 Thu Nov 10 19:04:00 EST 2011 Mark Herman
14540 Thu Nov 10 00:55:09 EST 2011 Tom Kaimakides
14539 Tue Nov 08 20:54:18 EST 2011 June
14538 Tue Nov 08 19:05:39 EST 2011 Linda Groom
14537 Mon Nov 07 22:20:41 EST 2011 Rachel Neff
14536 Mon Nov 07 16:32:16 EST 2011 Thomas O'Neill
14535 Mon Nov 07 11:45:07 EST 2011 Douglas Kinney, D.M.D., Maj. U.S. Army (Ret.)
14534 Sun Nov 06 15:20:34 EST 2011 Joe Giambrone
14533 Sun Nov 06 12:17:13 EST 2011 Tracie Kern Caring for people and the environment
14532 Sun Nov 06 08:28:17 EST 2011 Bonnie
14531 Sat Nov 05 21:11:44 EDT 2011 Beulah Tillisch
14530 Sat Nov 05 20:13:01 EDT 2011 Carol Vanek
14529 Sat Nov 05 18:33:28 EDT 2011 Karen Thaw No more subsidies to big oil. No more offshore leases for offshore drilling. For conservation of both our oceans and their wildlife.

Subsidies for alternative energy: Utility companies in More....
14528 Sat Nov 05 17:23:39 EDT 2011 Rev Crow Swimsaway PhD
14527 Sat Nov 05 11:29:13 EDT 2011 Douglas & Irene Best Go where the money is - tax the rich. It's a no brainer, show your brain. Also why do companies that profit in the billions, like oil, gas and coal, get subsidies. Again, like I said, a no brainer - More....
14526 Sat Nov 05 04:45:54 EDT 2011 Andres Garcia
<- 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.