“Senior administration officials know full well the 18.4-cents-per gallon federal gasoline tax is not the factor driving increased prices at the pump. With the rate unchanged in 30 years, it’s the one constant in a volatile energy market.
“ARTBA’s recent analysis of 177 changes in gasoline tax rates in 34 states between 2013 and 2021 found that just 18 percent of an increase, or decrease, was passed through to motorists in the two weeks after a change took effect.
“A temporary gas tax holiday sets a bad precedent and undermines the funding mechanism in the infrastructure investment law that has been the signature policy achievement of the Biden presidency.
“We urge members of Congress to continue resisting such a proposal on a bipartisan basis as they have been doing since the beginning of the year.”
The Washington, D.C.-based ARTBA brings together all facets of the transportation construction industry to responsibly advocate for infrastructure investment and policy that meet the nation’s need for safe and efficient travel.
Here is a link to ARTBA’s paid social media ad campaign launched today opposing a gas tax holiday.