If gas-tax break is such a good idea, why wait?
As our state legislators reassemble for yet another special session this week – this time, dealing with the crisis in property insurance as hurricane season starts – they ought to give very strong consideration to moving up the month of
In planning the state budget in their regular 2022 legislative session, lawmakers decided to suspend the state's gas tax for October, hoping to cut the cost
What maintaining roads and bridges has to do with easing the financial impact of the COVID virus is not clear. But who's going to quibble when there's money to be saved at the pump?
Last November, Gov.
Early this month, DeSantis signed a package of
"In
Drivers paying
The idea of doing it in October, at least officially, was that slotting it for the summer would afford great benefit to tourists, rather than
And besides, people might not remember on
"Our goal was to make sure Floridians are able to have as much access to the
But gas prices have spiked to unprecedented levels all over the country. If they suspended the state tax in July, would any Floridian really resent the idea that out-of-state visitors are getting the break, too?
The state could even promote the idea in its tourism advertising – "Hey, come on down and we'll help you with the cost of filling your tank." Since when has enticing tourists been something to avoid?
Of course, suspending the state fuel tax, whenever it's done, doesn't mean saving about a quarter on the gallon. Prices will continue to climb and there's no assurance that retailers will pass the savings to customers. But it can't hurt.
There's a bit of irony – some would call it hypocrisy – in a conservative Republican state government taking political credit for a bit of tax relief made possible by the
Nor is it unprecedented for the Legislature to remake its agenda f0r a special session. Just last month, we had one on redrawing
They could toss some new abortion restrictions, or that "constitutional carry" gun legislation, onto the special-session agenda if they feel like it.
Changing the effective date of a fuel-tax holiday seems like a minor detail, compared to some of the other things legislators have done in haste when they feel like it.
Capital Curmudgeon


DeSantis' insurance reforms pass; will theywork?
Senate leaders explain shift on Medicaid Support for offering Medicaid to more North Carolinians is a shift in GOP thinking. Here's how N.C. Senators explain it.
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News