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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|
|14500||Tue Nov 01 10:28:20 EDT 2011||Robin Laughlin|
|14499||Tue Nov 01 00:14:21 EDT 2011||Joseph Razo|
|14498||Mon Oct 31 23:55:22 EDT 2011||Donald Noel|
|14497||Mon Oct 31 23:20:47 EDT 2011||Rebecca Miller|
|14496||Mon Oct 31 22:54:53 EDT 2011||Nancy Weed|
|14495||Mon Oct 31 22:24:05 EDT 2011||Adam Sjoberg|
|14494||Mon Oct 31 21:02:51 EDT 2011||Wendy|
|14493||Mon Oct 31 20:54:55 EDT 2011||Caroll Fowler|
|14492||Mon Oct 31 19:07:04 EDT 2011||Anonymous||Does this really hurt them? How many years have financial and fuels benefited from perks provided by we the people.|
|14491||Mon Oct 31 15:36:09 EDT 2011||sue peterson|
|14490||Mon Oct 31 13:45:04 EDT 2011||Tom Cannon||The time for the PEOPLE is NOW!!!|
|14489||Mon Oct 31 13:35:28 EDT 2011||Sophia Sady|
|14488||Mon Oct 31 11:45:11 EDT 2011||Geoff Richter|
|14487||Mon Oct 31 07:34:53 EDT 2011||James Kreh|
|14486||Mon Oct 31 02:03:28 EDT 2011||Bruce Carroll|
|14485||Mon Oct 31 00:59:12 EDT 2011||Marvin Smith|
|14484||Sun Oct 30 23:53:50 EDT 2011||Dale Patterson||Time to cut corporate welfare, defense spending, and payments to BANKS !|
|14483||Sun Oct 30 23:10:53 EDT 2011||Mary Lou Finley|
|14482||Sun Oct 30 23:10:45 EDT 2011||Mary Lou Finley|
|14481||Sun Oct 30 19:53:59 EDT 2011||Rand Guthrie||Stop stealing from U.S. citizens while giving huge amounts of money to the extremely wealthy.|
|14480||Sun Oct 30 19:11:00 EDT 2011||Joy Cassidy||STOP THE BILLIONS IN TAXPAYER SUBSIDIES TO THE RICHEST COMPANIES IN THE WORLD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!|
|14479||Sun Oct 30 17:51:14 EDT 2011||Anonymous|
|14478||Sun Oct 30 16:59:26 EDT 2011||Peter Benson|
|14477||Sun Oct 30 15:43:18 EDT 2011||Beverly Bean|
|14476||Sun Oct 30 15:34:09 EDT 2011||mickey beltran|
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