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Thursday, April 3, 2008

Could you soon stop paying State sales tax on food?

Both Senate and House Committees in Alabama Legislature passed similar bills to remove the 4 percent state sales tax from food on Wednesday, saving consumers an estimated $320 million a year. The bills would make up the revenue loss by ending taxpayers' ability to deduct federal taxes paid from their state income taxes, which would raise an estimated $345 million. The bills could go the full House and Senate as early as next week.

I personal think that the members of these committees are beginning to do something for the citizens of Alabama this legislative session. This really would help our families across the State of Alabama during an economic struggle.