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T.R.U.S.T.

Cutting the Gas Tax Might Be Popular, But It Would Not Provide Much Relief

Route Fifty

By Daniel C. Vock FEBRUARY 16, 2022

Governors, state officials and Congress are considering rolling back gas taxes, even though experts say customers won’t notice the difference. With gas prices high and inflation on the rise, particularly because of auto-related expenses, government officials around the country are tossing around the idea of giving motorists a break from gas taxes. The governors of Arkansas, California, Colorado, Florida, Illinois and Virginia are floating the idea of either rolling back existing gas taxes or preventing scheduled rate hikes from taking effect. Lawmakers and candidates in other states are pouncing on the idea, while the Biden administration is reportedly mulling a national gas tax holiday, too. The sudden popularity of the idea has made for some whiplash-inducing moments, as officials who only recently staked their political capital on raising gas taxes suddenly saying that now is not the right time to do so.


View the full article: Route-Fifty.com

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