Bill proposed to eliminate Oklahoma grocery tax
Greg Treat, President Pro Tempore of the Oklahoma State Senate, is proposing a bill that would eliminate the state’s grocery tax.
Treat’s Senate Bill 1283, filed in December, would eliminate the state’s portion of the grocery tax.
According to recent data average Oklahomans spend nearly $300 per trip to the grocery store, putting the state in the top 10 in the nation for highest grocery bill per week.
“Eliminating the grocery tax would provide Oklahomans immediate relief and savings they would see every time they go to the grocery store,” Treat said. “I have long been an advocate of eliminating the state portion of the grocery tax, and it’s why I have filed another bill this year to get rid of it. I hope this session we can get it done to benefit all Oklahoma families.”
According to estimates, eliminating the grocery tax would save average Oklahomans 5.5 times more money than a 0.25% income tax cut.
The data indicates that cutting the state portion of the grocery tax, depending on individual household spending, would save Oklahomans around $700 per year, while a 0.25% income tax cut would save most Oklahomans around $110 at the end of every year after they file their taxes.
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