Governor Hochul confirmed a potential gas tax reduction is “on the table” in negotiations with legislative leaders.
Governor Kathy Hochul is open to reducing rising gas prices in New York through a temporary gas tax reduction.Governor Kathy Hochul is open to reducing rising gas prices in New York through a temporary gas tax reduction.New York Gov. Kathy Hochul confirmed a potential gas tax reduction is “on the table” in negotiations with legislative leaders.
Previously, Hochul had said her office was examining the issue and trying to determine whether a cut in the state’s share of taxes would actually translate to noticeable relief at the pump. Some of the state’s cut also goes toward funding road repair and infrastructure projects, which are a major part of Hochul’s budget platform.
All told, New York State’s cut of the various gas taxes is about 33 cents per gallon, according to the state Division of Budget.
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