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Garrett Watson

ON THE RECORD · 3 verbatim quotes · every quote source-verified

Taxpayers would only receive tax relief during tax season, which doesn't help in the short-term,

Garrett Watson · said date not stated · reported 2026-09-22

Watson said the commuting expense deduction proposal has limitations.

verbatim, matched to source CNBC
Lower-income taxpayers may see little to no benefit as they must have taxable income to offset to get a benefit from the deduction.

Garrett Watson · said date not stated · reported 2026-09-22

Watson noted that lower-income taxpayers may see little benefit from the proposed commuting expense deduction.

verbatim, matched to source CNBC
If demand reacts to the suspension, that could result in higher pre-tax prices that would benefit producers,

Garrett Watson · said date not stated · reported 2026-09-22

Watson said it is uncertain whether all savings from a federal gas tax suspension would reach consumers.

verbatim, matched to source CNBC
Quote copied with attribution