U.S. governors from California to New York are proposing tax cuts, rebates and other forms of relief to drivers paying more than $4 a gallon to fill their gasoline tanks amid Russia’s war with Ukraine.
New York Governor Kathy Hochul is considering relaxing the state’s levy on gasoline sales, while California’s Gavin Newsom has proposed a tax rebate. Meanwhile, six governors -- from Michigan, Colorado, Wisconsin, Minnesota, New Mexico and Pennsylvania -- jointly urged Congress to suspend the federal 18.4-cents-per-gallon gas tax until the end of 2022.
