Tax experts discussed rising gas prices and the future of energy policies in the Trump-era at the Daily Caller Live’s “Free Enterprise and the American Dream” event.
Daily Caller Editor-in-Chief Amber Duke asked panelists about proposals to halt gas taxes amid the Iran conflict. (RELATED: Economic Shocks Will Permeate Long After Iran Strikes Stop, Analysts Predict)
Founder and Chairman of Unleash Prosperity, economist Stephen Moore, advised that officials halt the tax for the remainder of Operation Epic Fury. He also advised that regulations regarding blending gasoline and ethanol should be halted as a short-term solution for rising gas prices.
— Daily Caller (@DailyCaller) March 26, 2026
Moore praised President Donald Trump’s “drill baby drill” policy and criticized those who previously advocated for producing no gas and coal.
Republican Texas Rep. Beth Van Duyne pushed back against the “demonizing” of American energy businesses. She argued that America produces energy “cleaner than any other nation.”
Scott Hodge, President Emeritus of the Tax Foundation, argued that taxes on the gas industries in recent decades have exceeded their profits. (RELATED: Daily Caller Hosts Business Analysts To Discuss Slashing Red Tape For The American Dream)
“Who’s gouging who?” he asked.
He asserted that government policies ultimately hurt consumers with layers of taxation through energy supply chains.
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