• Petitioned U.S. Senate Majority Leader Harry Reid (D-Nev.)

This petition was delivered to:

U.S. Senate Majority Leader Harry Reid (D-Nev.)

Mining Companies Pay Royalties! Stop Corporate Handouts.

    1. Petition by

      Janna Soto

      Albuquerque

U.S. Senate Majority Leader Harry Reid (D-Nev.) has consistently blocked new legislation on the outdated 1872 mining law. The General Mining Act of 1872 exempts mining companies from paying royalties while they profit from extracting minerals from U.S. public lands—they are taking our minerals without payment! Miners should pay the same 12.5 percent in royalties as oil companies. This would bring hundreds of millions of dollars in new annual revenue. (Grijalva said the new revenue could total as much as $2 billion annually, depending on production.)

Hundreds of millions of dollars into the federal coffers would solve a significant portion of our federal deficit. Instead Reid risks raising taxes for all American citizens as the fiscal cliff looms. Tell Reid to stop supporting corporate handouts. Tell Reid to support U.S. Rep. Raul Grijalva, D-Ariz., and U.S. Sen. Tom Udall, D-N.M in their legislation for revenue raising changes to General Mining Act of 1872.

To:
U.S. Senate Majority Leader Harry Reid (D-Nev.)
Mining Companies Pay Royalties! Stop Corporate Handouts.

Sincerely,
[Your name]

Recent signatures

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    1. Reached 50 signatures

    Supporters

    Reasons for signing

    • Richard Henderson TUCSON, AZ
      • almost 2 years ago

      Bizarre, totally inappropriate law, should have been eliminated long ago.

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    • Tom Mallard BELLEVUE, WA
      • almost 2 years ago

      These laws help bankrupt the USA via the trade advantage it gives our direct competitors for resources, we end up buying it back.

      No way to play poker & win so why will it here?

      REPORT THIS COMMENT:
    • Michael Proper FARMINGTON, NM
      • almost 2 years ago

      Dear Sir,

      The logic behide the low royalities was the number of jobs they creat. Unforunately most of the money goes to the top and that is where it stays. You might visit the Southern Ute's web page and see how much more $ they get for the Oil and Gas Company than the Fed.s or the States get to understand how under value those resoucres are . Your Truly Michael J. Proper

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    • Mark Henderson EL PRADO, NM
      • almost 2 years ago

      About 2.7 million kilos of gold is mined and comes on the market each year. Eighty (80)% of the gold produced is used in jewelry. About 240,000 kilos of the world production come from the US and 80% of that from Nevada (mostly from public lands) which is of course Harry Reid's home state. Miners in Nevada earn about $85,000 a year on average (compared to South Africa where they earn about $6,000 per year. The 1872 Mine Law is about as applicable to today's hard rock mining economy as the Second Amendment is to individual rights for possession of machine guns. The political leadership needed to make the profiteers pay in the short term for the long term costs of the proletarian passion for gold and guns is most likely beyond the scope of Harry Reid's world view or self interest.

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    • Kathleen Henderson PHOENIX, AZ
      • almost 2 years ago

      1. The premise underlying the law ceased to exist more than 100 years ago.

      (2) Many (most?) of private companies that profit from this law are foreign-owned.

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