Institute on Taxation and Economic Policy (ITEP)

May 18, 2026

The New York Times: What a US Gas Tax Suspension Could Mean for Drivers and the Prices They See at the Pump

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A gas tax suspension would cut federal revenue by $2.4 billion a month, and save families earning less than $53,000 a year about $5 a month, according to the Institute on Taxation and Economic Policy.

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