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Give Americans a break at the pump: Suspend gas taxes
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Give Americans a break at the pump: Suspend gas taxes

New York Post·Post Editorial Board·25 days ago
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#editorial#cars#gas#gasprices#taxes#holiday
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A gas tax holiday is the right thing to do, given the rise in energy costs. Bruce Cotler/ZUMA / SplashNews.c With the rising price of gas hitting Americans hard, and peak driving season upon us, it’s time for a holiday — a tax holiday, that is. The current spike in energy costs is directly related to the war in Iran and the Islamic Republic’s blockade of the Strait of Hormuz; even the war’s end won’t bring prices down rapidly, so Congress should offer the public some relief. Pump prices nationwide average around $4.50 per gallon , up 48% since the beginning of March; suspending the federal 18 cents-a-gallon excise tax (and 24 cents for diesel) will make a noticeable difference. Talk of a summer-long gas tax holiday has floated around Washington for weeks; President Donald Trump observed that “it’s something we have in our pocket if we think it’s necessary.” He also encouraged states to lead the way , but they can follow the feds.…

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