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Several States Suspend Gas Taxes To Offer Relief To Residents

Several States Suspend Gas Taxes To Offer Relief To Residents

As gas prices continue to rise due to Russia’s invasion of Ukraine, folks are struggling to pay for gas. With communities of color, rural households, and low-income families being affected the most, some states are trying to help residents be able to afford to purchase gasoline. According to CBS News, Connecticut is the latest state to approve a gas tax holiday! Today, Governor Ned Lamont signed a bill suspending the 25-cents-per-gallon tax from April until June 2022. Governor Lamont says the temporary change could cut costs by about $90 million. It might not seem like it’s a lot, but every… Read Full Article