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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|
|14525||Fri Nov 04 21:28:56 EDT 2011||Dawn Paoletti|
|14524||Fri Nov 04 19:53:11 EDT 2011||Charlene Root|
|14523||Fri Nov 04 19:10:56 EDT 2011||l alvarez|
|14522||Fri Nov 04 17:12:05 EDT 2011||Jesse Farrell|
|14521||Fri Nov 04 11:12:47 EDT 2011||Rebecca Thomas|
|14520||Fri Nov 04 03:20:11 EDT 2011||John Curley||Please start representing "we the people" instead of "we the corporations"|
|14519||Thu Nov 03 11:07:43 EDT 2011||K Kobashigawa|
|14518||Wed Nov 02 21:16:40 EDT 2011||victoria boucher|
|14517||Wed Nov 02 21:15:46 EDT 2011||Katy Connors|
|14516||Wed Nov 02 20:32:16 EDT 2011||Ken Gilmour|
|14515||Wed Nov 02 20:19:24 EDT 2011||Jennifer Crispin|
|14514||Wed Nov 02 18:52:55 EDT 2011||C McGee||All corporations need to pay their taxes.
Reduce the Defense Budget by at least 50%
Renewable energy and Sustainability NOW!
Out with Gas, Coal, and Oil.
|14513||Wed Nov 02 18:49:28 EDT 2011||C McGee||All corporations need to pay their taxes.
Reduce the Defense Budget by at least 50%
|14512||Wed Nov 02 17:56:51 EDT 2011||John Akins||End the disastrous Bush tax cuts NOW.|
|14511||Wed Nov 02 17:11:33 EDT 2011||Geoffrey Goodell|
|14510||Wed Nov 02 13:26:02 EDT 2011||Kathy Wise||Let us, for once ( and forever!) be forward-looking and keep the long-term best interest and health of all ( of course including our world!) at the center of policy forming!|
|14509||Wed Nov 02 13:11:16 EDT 2011||James Gilroy||Congress, you have a HORRID approval rating for a reason. Start representing the people who VOTE for you, not the ones who PAY you. Have some dignity, my goodness.|
|14508||Wed Nov 02 00:15:35 EDT 2011||Lisa Hilyer||No Cuts to SS, Medicare, Medicaid!! End fossil fuel subsidies and Bush tax cuts!!|
|14507||Tue Nov 01 23:09:49 EDT 2011||Anonymous|
|14506||Tue Nov 01 23:05:08 EDT 2011||Kevin Silas|
|14505||Tue Nov 01 22:30:13 EDT 2011||Rita Lethert|
|14504||Tue Nov 01 19:12:56 EDT 2011||Thomas Bertolino|
|14503||Tue Nov 01 17:05:29 EDT 2011||Robert Richard|
|14502||Tue Nov 01 16:02:08 EDT 2011||rob fursich|
|14501||Tue Nov 01 15:05:52 EDT 2011||Ira & Ellie Leichter||Don't cut Social Security or Medicare. They're NOT the problem. Taxing the 1%, getting rid of the phony loopholes for the big corporations, and cracking down on the deceptive insurance companies and big More....|
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