Georgia's governor declares 'state of emergency' over inflation and pauses gas tax. Is that a wise decision?

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Georgia's governor declares 'state of emergency' over inflation and pauses gas tax. Is that a wise decision?
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Georgia's 31-cent per gallon tax is now on hold for one month.

“‘While high prices continue to hit family budgets, hardworking Georgians deserve real relief and that’s why I signed an executive order today to deliver it directly to them at the pump.’”

Kemp, a Republican, took a swipe at the White House, saying “all Bidenomics has done is take more money out of the pockets of the middle class.” “Other states are not suspending their gas tax at this time,” said Jared Walczak, vice president of state projects at the Tax Foundation, a right-leaning think tank.

“Georgia’s return to the well here is not necessarily indicative of other states following suit,” Walczak added. “To single out that this measure to fight inflation doesn’t take into account we are in hurricane season.” One bad storm snagging Gulf Coast oil production could increase prices, and wash away any savings for Georgia drivers, he said.Kemp suspended Georgia’s gas tax for most of last year as pump prices spiked while energy markets grappled with Russia’s invasion of Ukraine and post-pandemic domestic consumer demand.

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