Experts responding to President Joe Biden’s plan to waive three months of federal gas tax said that if Americans are to be helped, the best option would be a stimulus check.
Beverly Moran, professor emeritus of law at Vanderbilt Law School, considered that it is “very little money” that would benefit those who face high gasoline costs, even $7 dollars in some entities.
“It just doesn’t make any sense,” Moran told The Hill. “If the government wants to do something to help people who have problems with the cost of gasoline, they can send another check to people.”
The expert said the above in reference to the stimulus checks sent during the most complicated moments of the COVID pandemic-19.
Moran criticized the plan proposed by President Biden, since he considers that companies could benefit more than citizens.
“They are not even considering how they are going to prevent companies from eating up the difference… maintaining the same price and simply pocketing the tax”, he expressed.
Last week, President Biden asked Congress to forgive the federal tax on gasoline and diesel.
“With our deficit already reduced by a historic $1,600 million dollars this year, the president believes we can afford to suspend the gas tax to help consumers, “said the House Blanca in a document.
Congressmen weigh several proposals, including a tax on extra profits from oil companies, which would be returned to consumers.
“Reduce the amount of taxes that fossil fuel or fossil fuel companies must pay It does not necessarily mean that this will reduce costs, ”considered the Democratic representative. Jamaal Bowman (New York).