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May 5, 2008

All Business: Gas tax cut may lead to higher gas prices

By RACHEL BECK
AP Business Writer

NEW YORK — Sure, a gas-tax holiday seems like a good idea, at first. According to the presidential candidates touting it, it would yield cheaper gas, which in turn would produce less expensive packaging, food, etc.

It's trickle down at its best ... until you drive over one of those super-sized potholes that jolts your car and rattles your teeth.


 
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