Arkansas grocers say penny tax cut won't boost sales
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LITTLE ROCK — Arkansas grocers say they and their customers are looking forward to paying less sales tax on groceries, but they're not expecting to see a boost in business from the cut.
Arkansas' grocery tax goes down from 3 cents to 2 cents starting Wednesday, the result of legislation approved by lawmakers earlier this year. Gov. Mike Beebe, who has said he wants to eliminate the sales tax entirely, pushed for the $40 million reduction during the session.
The grocery tax cut is one of two decreases that take effect with the new fiscal year starting Wednesday. A $10 million cut in the tax manufacturers pay for utilities also takes effect this week.
This article was published June 29, 2009 at 2:23 p.m.SITE INDEX
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cbritt1985_yahoo.com says...
I agree with Gov Beebe. Eliminate the tax on food.
June 29, 2009 at 6:39 p.m. ( permalink | suggest removal )
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