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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|
|14575||Fri Dec 23 16:36:40 EST 2011||Anonymous|
|14574||Fri Dec 23 13:17:15 EST 2011||rachelle aisen|
|14573||Fri Dec 23 11:43:25 EST 2011||Honey Friedman|
|14572||Sun Dec 11 19:44:49 EST 2011||cynthia neal|
|14571||Thu Dec 08 13:06:21 EST 2011||cynthia neal|
|14570||Wed Dec 07 14:19:36 EST 2011||Jan Sneider-Brown|
|14569||Tue Dec 06 00:32:32 EST 2011||Elaine Fischer|
|14568||Thu Dec 01 12:46:46 EST 2011||Tom Baldridge||Sanity requires this action.|
|14567||Thu Dec 01 02:47:55 EST 2011||Danielle|
|14566||Wed Nov 30 19:11:59 EST 2011||Karen Bravo|
|14565||Mon Nov 28 17:34:45 EST 2011||Kay Warren||No more oil. It is toxic
There are many more alternatives for clean, less expensive energy.
|14564||Sun Nov 27 20:57:50 EST 2011||R. Schlagal|
|14563||Sat Nov 26 15:35:15 EST 2011||Paul Grohman|
|14562||Tue Nov 22 12:31:05 EST 2011||Kenneth Stokem|
|14561||Sun Nov 20 17:08:16 EST 2011||Susan Skvarla|
|14560||Sun Nov 20 15:28:50 EST 2011||William Kryzanowski||Congress is a pack of whores bribed by Big Corporations.
They care nothing about working Americans and struggling seniors.
|14559||Sun Nov 20 11:10:48 EST 2011||Linda Linderman|
|14558||Sat Nov 19 21:36:36 EST 2011||Anonymous|
|14557||Fri Nov 18 23:42:21 EST 2011||Robert New|
|14556||Fri Nov 18 02:25:24 EST 2011||Laura Odom|
|14555||Fri Nov 18 02:18:42 EST 2011||Eddy Allen|
|14554||Wed Nov 16 21:49:29 EST 2011||William McKeon|
|14553||Tue Nov 15 18:13:01 EST 2011||CJ LaFleur|
|14552||Tue Nov 15 17:40:06 EST 2011||Amy Lippert|
|14551||Sun Nov 13 11:17:53 EST 2011||thomas nonn|
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