"Untax" Tuesday: What does it mean for me?
Here’s an easy way to explain what untaxing groceries will do for every Alabama household: It will give them two weeks’ worth of free groceries every year.
Here’s how it works: Removing the 4 percent state sales tax on groceries will lower everybody’s grocery bill by 4 percent, week after week, all year long. The savings add up to 4 percent of annual grocery costs, and 4 percent of a year is two weeks. That’s the amount of extra cash Alabamians will have in hand to make ends meet.
We estimate that the average Alabama family will save $100 per person every year, but no family is “average.” For some, that’s a high estimate, for others low. No matter what your family spends on groceries, two weeks’ worth every year will make a difference!
HB 1, the bill to “untax groceries,” is expected to move forward this week. Watch for a report on Wednesday’s committee action in the news.
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