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May 2nd, 2008

Holiday from gas tax: Good idea or more politics?

Posted by: Leah Eichler

A customer fills a car's tank at a gas station approximately one mile from the White House in Washington March 11, 2008.Presidential candidates John McCain and Hillary Clinton want to suspend the gas tax for the summer to offer drivers some relief from record fuel prices. President Bush said this week that he was willing to consider a fuel tax holiday.

Barack Obama opposes the idea, saying it would not amount to much. House Democratic leaders have also shown little support for suspending the gas tax. Some experts say that a gas tax holiday wouldn’t help drivers much if service stations don’t pass on the savings to consumers.

Do you support a gas tax holiday this summer?