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Issue #43 Date Added Status
Do you think we should have a gas tax holiday? Thursday 08th May 2008 01:17:46 AM Open

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According to recent polls from the Rasmussen Reports, American voters are split on a gas tax holiday. Both John McCain and Hillary Clinton have called for a "gas tax holiday" this summer to offer commuters and vacationers some release from upward gas prices. They have urged Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax between Memorial Day and Labor Day, something that could cost the government about $10 billion in revenues. The only major candidate to oppose the idea is Barack Obama, who voted for a similar measure in Illinois eight years ago. Obama now says that consumers will derive little benefit from the tax moratorium. jfreedman

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