Biden’s proposal for a gas tax holiday

Americans might be paying less for gas this summer.

President Joe Biden

Biden has proposed a federal gas tax holiday.


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Federal gas tax holiday

Gas prices are at an all time high and Americans are asking the government for some assistance. President Joe Biden has a new proposal that could help struggling Americans.

Biden is suggesting a minimum 3 month suspension of the federal gas tax. The gas tax holiday would pause taxes on gas– 18.4 cents per gallon on regular and 24 cents on diesel.

This has been called the gas tax holiday, which will remain on pause until September.

In the US, gas is subject to double tax– federal and then state taxes. There is a push for the gas holiday because experts estimate that gas could reach 6.2 dollars per gallon by summertime.


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