Georgia’s governor is suspending state taxes on gasoline and diesel fuel. Gov. Brian Kemp declared a legal emergency over higher prices in a Tuesday executive order.
“From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class,” Kemp said in a Tuesday statement that accompanied the executive order declaring a state of emergency.
“While high prices continue to hit family budgets, hardworking Georgians deserve real relief.”using Georgia’s surplus funds, but Tuesday’s action shows further tax cuts may be Kemp’s favored way to soak up the extra cash. It also shows the continuing political power of gas prices, even as Kemp plows effort and state incentivesUnder state law, Kemp has the power to keep suspending taxes as long as state lawmakers ratify the action when they next meet. The earlier suspension was originally passed by lawmakers, with Kemp extending it seven times as he campaigned against Democrat Stacey Abrams. State House Speaker Jon Burns signaled his support for the move on Tuesday, meaning Kemp is likely to have the legislative support he needs to affirm the tax break. Lawmakers are next scheduled to convene in January. “I applaud Governor Kemp’s suspension of motor fuel taxes to keep our people and our economy moving despite Washington’s inaction on rising fuel prices,” said Burns, a Republican from Newington. The order suspends taxes on wholesalers, and is likely to take a few days to trickle through to retailers who sell fuel to drivers. On Tuesday, Georgia drivers were paying an average $3.57 per gallon of unleaded gasoline, according to motorist group AAA. That was the 11th lowest among the states, and below the national average of $3.84. The average diesel price in Georgia was $4.35 a gallon. Gasoline prices in Georgia are higher than the $3.24 drivers were paying a year ago. Prices peaked at $4.50 a gallon in June 2022. Pump prices also include a federal tax of 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel.
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