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Yo_Mama_Been_Loggin

(107,922 posts)
Wed Feb 9, 2022, 03:04 PM Feb 2022

Democrats propose federal gas tax holiday ahead of midterm elections

Two Senate Democrats up for reelection proposed a bill on Wednesday to temporarily suspend the federal gas tax through the end of 2022, as millions of Americans grapple with the economic impacts of surging oil prices.

The Gas Prices Relief Act from Sens. Maggie Hassan, D-N.H., and Mark Kelly, D-Ariz., would suspend the $18.4 cents per gallon federal gas tax through Jan. 1, 2023, according to a summary of the proposal shared with ABC News.

The senators, who are both on the ballot in November, released the proposal at a time when gas is roughly $3.45 a gallon nationwide, about $1 more expensive than a year ago, according to AAA.

"Arizonans are paying some of the highest prices for gas we have seen in years and it's putting a strain on families who need to fill up the tank to get to work and school," Kelly said in a statement. "This bill will lower gas prices by suspending the federal gas tax through the end of the year to help Arizona families struggling with high costs for everything from gas to groceries."

https://www.msn.com/en-us/news/politics/democrats-propose-federal-gas-tax-holiday-ahead-of-midterm-elections/ar-AATEaz4

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Democrats propose federal gas tax holiday ahead of midterm elections (Original Post) Yo_Mama_Been_Loggin Feb 2022 OP
How are they expecting to make up the shortfall? PoindexterOglethorpe Feb 2022 #1
I think it is a good idea pandr32 Feb 2022 #2
I do, too. calimary Feb 2022 #3
this would be a good idea samsingh Feb 2022 #4
The tax is trivial Jerry2144 Feb 2022 #5

Jerry2144

(2,099 posts)
5. The tax is trivial
Wed Feb 9, 2022, 03:37 PM
Feb 2022

And none will notice since prices can change that much from week to week. If anything, the Feds would slash the tax and the gas stations or oil companies will keep prices unchanged, pocket the extra money.

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