July 06, 2011 Edition

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Grocery tax rate lowered

As of July 1, Arkansans will be seeing a lower tax rate on their grocery bill, according to State Rep. James Ratliff.

The rate dropped from two percent to one and a half percent.

"Giving back to hard-working Arkansas families is one of my top priorities and continuing this tax cut puts money back in the pockets of Arkansas taxpayers," Ratliff said. "I've been honored to work with Governor Beebe and other Arkansas Democrats to cut taxes and help Arkansas families make ends meet."

With this additional cut to the sales tax on groceries, Arkansans will save $245 million in taxes each year. This additional cut continues previous cuts that have now taken the sales tax on groceries from six percent to one and a half percent.

"Providing Arkansans with tax relief at a time when they need it most is critical and through the grocery tax cut every Arkansas family will see tax relief," Ratliff said. "As an Arkansas Democrat, I will continue fighting for our middle-class families so that every Arkansan has the opportunity for a better life."

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