The Democratic president will also call on states to suspend their own gas taxes or provide similar relief, the White House said.
At issue is the 18.4 cents-a-gallon federal tax on gas and the 24.4 cents-a-gallon federal tax on diesel fuel. If the gas savings were fully passed along to consumers, people would save roughly 3.6% at the pump when prices are averaging about $5 a gallon nationwide.
But many economists and lawmakers from both parties view the idea of a gas tax holiday with skepticism.
Diese Geschichte stammt aus der June 23, 2022-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der June 23, 2022-Ausgabe von Business Standard.
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