Peter Schiff Warns Trump’s Potential Gas Tax Suspension Could Backfire — Larger Deficit Could Worsen Inflation
Peter Schiff warns Trump’s gas tax holiday could boost demand, widen the deficit and push inflation higher.
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Why It Matters
An economist thinks removing the gas tax could make people buy more gas. That might increase the government's debt and push prices up overall.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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