DECRYPTION – The United States provides its households with extremely favorable prices for fuels and other forms of energy.
A few days before the midterm elections for the renewal of Congress which will be held this year on Tuesday, November 8, the price of fuel is the number one issue of the ballot, according to the polls of voters. The 3.8 liter gallon is today close to the psychological bar of 4 dollars on average in the United States, whereas it was 3 dollars at the beginning of 2021 at the start of Joe Biden’s mandate. As a result of the war in Ukraine, it reached a historic high of 4.89 dollars last June.
Joe Biden, the Democratic President, is held responsible for this outbreak and his most virulent opponents are increasing their attacks on this theme, which is soaring with all intents and purposes to denounce its ineffectiveness. In Florida, Republican Governor Ron DeSantis, often presented as “the new trump“, thus decided to suspend the tax of 25.3 cents per gallon which falls under the State of Florida. A form of “ rebate ” American style.
A tax rate of around 20%
The tax on fuels remains no less…
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