Putting another 25 cents on the consumer price for gasoline, as proposed by the Trump administration, could be political suicide, a market analyst said. President Donald Trump floated the idea of raising the federal gasoline tax during talks earlier this week with a bipartisan meeting with Congress. The proposal comes on the heels of an expansive infrastructure plan, an ambitious budget bill and tax reforms that many analysts said would add to a mounting federal deficit. The fuel tax has the support from the U.S. Chamber of Commerce, which added its proposal for a 25 cent per gallon increase ahead of Trump’s announcement on infrastructure. According to motor club AAA, the national average retail price for regular unleaded gasoline […]

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