New York joins growing number of states attempting to provide relief at the pump
As gas prices have soared across the country hitting record highs this year, states grapple with how to help consumers.
www.cbsnews.comHere’s the latest I can share right now based on recent coverage.
Canada: Reports indicate the federal government planned to temporarily suspend the federal fuel excise tax on gasoline and diesel starting soon, with relief expected for consumers and energy-intensive industries. This aligns with broader discussions in several provinces about additional local relief measures.[3][4]
United States: There has been a wave of state-level actions or proposals to pause or reduce gas taxes to curb pump prices, including suspensions or holidays in states like Georgia, New York, and others under consideration. U.S. federal proposals to suspend the federal gas tax have also been discussed, though status varies by bill and negotiations.[1][2][5]
Context: These moves come as pump prices have fluctuated due to global energy markets and geopolitical factors, with governments weighing short-term relief versus longer-term revenue needs for transportation funding.[5][1]
Would you like a concise country-by-country snapshot with dates and expected duration, and I can add sources after each item? I can also track developments specific to Brazil or Fortaleza if you’d prefer.
Note: If you want real-time updates, I can perform a quick targeted search for the latest announcements in Brazil and your city.
As gas prices have soared across the country hitting record highs this year, states grapple with how to help consumers.
www.cbsnews.comf w n iran-war energy-markets business
www.audacy.comf w n iran-war energy-markets
www.audacy.comWith gas prices at record highs, more state lawmakers say suspending gas taxes would offer relief to motorists at the pump.
www.cbsnews.comBiden’s FY 2023 budget includes new IRS funding.
taxpolicycenter.org