Federal gas tax holiday: Experts call it ineffective, counterproductive

  • Federal gas tax holiday: Experts call it ineffective, counterproductive

    Posted by on June 23, 2022 at 9:26 AM

    President Joe Biden called on Congress to suspend the federal gas tax to “bring families just a little bit of relief” as average gasoline prices exceed US$5 a gallon. The tax is 18.4 cents on regular gasoline and 24.4 cents on diesel. Biden's proposal would rescind both taxes for 90 days.

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