Tag Archives: Suspending

‘Suspending the gas tax is a mistake:’ Tax Foundation

‘Suspending the gas tax is a mistake:’ Tax Foundation

Biden administration officials and Democrat senators are considering a suspension of the federal fuel tax in order to combat record inflation levels ahead of the Federal Reserve’s planned rate hikes. The proposition has received bipartisan pushback from legislators who are skeptical about the efficacy of a gas tax holiday. According to the Tax Foundation, a Washington, D.C.-based think tank which collects data and publishes research studies on U.S. tax policies at both the federal and state… Source link

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