Tuesday, May 17, 2011

Gas Tax Holiday? - Associated Press

While politicians in New York, Indiana, New Hampshire and Illinois are among the first talking about easing gasoline taxes, the chances of actually seeing that kind of relief at the pump are remote. Even as prices hover around $4 a gallon and states consider cuts in taxes up to 50 cents off each gallon, there is resistance amid ongoing fiscal woes. More states are expected to consider the idea as summer approaches and as they join New York, Alaska, California, Connecticut, Hawaii, Illinois and Washington, D.C. with $4-a-gallon gas. Some states have already rejected a “gas tax holiday.”

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