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The Nexus
POLITICSMay 5 · 09:20 UTCAXIOSBen Geman

What a gas tax holiday would actually do

The federal gas tax suspension is being considered to help consumers with rising gasoline prices, which have reached a US average of $4.46 per gallon. Suspending the 18.3 cent-per-gallon gas tax and 24.3 cent diesel tax would bring some relief to consumers. However, it wouldn't offset the nearly $1.50-per-gallon gas price jump since the war started.

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