President Trump and some lawmakers are considering suspending the federal gas tax amid rising prices. The federal government has collected a gas tax since 1932, which is currently 18.4 cents per gallon. Georgia has already suspended its state gas tax, and ...

President Donald Trump says he wants to suspend the gasoline tax, but as fact-check partner PolitiFact found, it’s never been done and could have serious drawbacks.

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — which is the amount of money you can reduce from your income before it's taxed,

Momentum is building to suspend or eliminate the 18.4-cent federal gas tax due to high gas prices from the Iran War. A major carmaker lobby group proposed replacing the gas tax with a new vehicle fee based on weight. Suspending or eliminating the tax would ...