Rising gasoline prices following recent geopolitical tensions in the Middle East have renewed discussions in Washington about temporarily suspending the federal gas tax. The federal gas tax currently stands at 18.4 cents per gallon and serves as the primary funding source for the Highway Trust Fund, which supports federal investments in highway and...
Gas Tax Suspension Proposals Resurface as Fuel Prices Rise
Spoiler alert: a suspension of the gas tax will not decrease the price of gas and would make it harder to fund improvements to your local roads and bridges.
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