this post was submitted on 12 May 2026
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President Donald Trump says he wants the gas tax to be temporarily suspended as [empire continues its terrorism campaign against Iran] into its 11th week and keeps oil prices elevated.

He told CBS News Monday morning he wants the tax suspended "for a period of time" and would want it reintroduced "when gas goes down."

Asked by reporters in the Oval Office later in the day how long the gas tax would be suspended, the president responded, "'Til it's appropriate."

Suspending the gas tax would require an act of Congress. Currently, the tax is 18.4 cents per gallon of gas and 24.4 cents per gallon of diesel.

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[–] HubertManne@piefed.social 5 points 2 weeks ago (1 children)

18 cents. oooh. now gas is soooo cheeeaaapppp.

[–] FireRetardant@lemmy.world 1 points 1 week ago (1 children)

Canada did a similar thing and even though the price did drop by the tax amount, the cost of oil still rose and gas rose with it. It caused many right wingers to call our pm a "liar" (even tho all he promised was the removal of said tax, he can't control the price of oil). They all also called it ineffective, which sure it doesnt do much, but it does exactly what was advertised.

I don't think it was a great move. IMO we would have been better keeping the tax and investing that money in the country such as infrastructure, public transit, housing, green energy. Keeping the tax could have also squeezed people to drive less, carpool, or otherwise reduce fuel price, but that would be painted as big bad government won't help the people.

[–] HubertManne@piefed.social 1 points 1 week ago

oh yeah its a horrible move. Does not relistically alter the price in any way meaningful to the average person but takes away monies that goes to infrastrucuture which is then not done or the monies have to come from elsewhere haveing all sorts of ripple effects. A gas tax is a good thing. If we taxed it more sooner it would have pushed the needle toward electric and the current oil emergency would not be as catastrophic. Heck if we had done more sooner then maybe removing it now would be significant.