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How Much Do Gas Tax Holidays Really Save Drivers, Anyway?

id=”article-body” class=”row” section=”article-body” data-component=”trackCWV”> After record highs in June, gas prices are . A half-dozen states tried to ease the pain at the pump by temporarily suspending their regular tax on gasoline. Most of those gas tax “holidays” have already come and gone, but a few are still in effect. (New York’s runs until Dec. 31.) Critics argued that any savings would be eaten up by oil producers and gas stations. But a  found that in Maryland, Georgia and Connecticut — which all instituted early gas tax holidays — consumers reaped the benefits.  The researchers prefaced their findings by saying… Read More