WATCH: President Trump Announces Plans to Slash Federal Gas Tax – Here's How It Would Impact Gas Prices
President Trump on Monday announced plans to slash the federal gas tax. The post WATCH: President Trump Announces Plans to Slash Federal Gas Tax – Here's How It Would Impact Gas Prices appeared first on The Gateway Pundit.
TL;DR
- President Trump announced plans to temporarily eliminate the federal gas tax.
- The move is intended to lower gasoline prices, with the tax to be reinstated as prices decrease.
- The administration is also expanding access to fertility benefits for employees via proposed regulations.
- Suspending the federal gas tax (18.4 cents/gallon for gas) would likely reduce prices by that amount.
- Further gas price drops are anticipated by Trump after the resolution of the Iran conflict.