Garrett Watson

“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.

“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.

“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.