McCain Gas Tax Holiday

Categories: Politics
  • In a speech given at Carnegie Mellon University on April 2008 RepublicanSenator and presidential candidate John McCain proposed a summer-long suspension of the federal gasoline tax as a possible solution for the U.S.'s current economic woes.
  • Fast Facts:

    1. Current Gas Tax: 18.4 cent
    2. Current Diesel Tax: 24.4 cent
    3. Proposed Duration of Cut: Memorial Day (May 26, 2008) to Labor Day (September 1, 2008)

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