According to the American Road and Transportation Builders Association..." the "gas tax holiday" would cost the Federal highway system nearly $9 billion in lost revenues...Over three hundred thousand jobs would be lost over the course of the next 3-4 years if the "gas tax holiday" were enacted. Also, though this article does not discuss this issue, if gas prices were lowered, demand would increase, and prices would increase, and if the oil companies were taxed more, we would be paying higher prices at the pump anyway.
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