Sales Tax Holiday On Groceries Being Debated
If you go to the grocery store you know quite well that the rising prices for goods on the store shelves are not going down. On items like eggs, they continue to skyrocket. The state of Tennessee could be stepping in to provide at least a little relief from the sticker shock at the register. There are two bills that are currently up for debate in the state legislature. The first would give Tennesseans older than 70 a sales tax holiday on groceries for July through September. The second bill would give that sales tax holiday to all Tennessee residents for August and September of this year. One of the bill’s sponsors, Republican Representative Michael Hale says that senior citizens are being hit especially hard by inflation and the sales tax holiday would give them a little relief. In Cocke County, a sales tax holiday would save you just under $10 on a $100 grocery bill.