Posted on 03/23/2005 2:48:44 AM PST by R. Scott
Governor Mark Warner signed legislation Tuesday reducing the sales tax on groceries by one-and-a-half cents on the dollar.
The Department of Taxation says the reduction will save a typical family of four with a household income of 60,000 dollars about 83 dollars a year. Beginning July first, the tax on groceries will go from four percent to two-and-a-half percent.
Two percent goes to localities and a half-percent to the state's highway fund. The tax was scheduled to be slashed in half-percent increments over three years, but a thriving economy enabled the legislature to speed up the reduction.
After previously getting his tax hike resulting in a giant surplus he had to do something.
Groceries are taxed in Virginia?
I cant think of anything that is not taxed here.
Da Comrade. Even our grass height is monitored for compliance. Conservative state my a$$. The PRC wasn't this bad. Ok, it was, though I expected better from VA.
http://www.cbpp.org/1-13-03sfp.htm
Info on states & sales taxes on food for home consumption.
Gee - thanks Mark. Of course I am preaching to the choir, but it just shows that our taxes didnt need to be raised in the first place.
Keep reminding the senate RINOs of that fact.
Why the heck would anyone ever vote to raise taxes on groceries in the first place?
Beats me.........
Big ol' Whoop-Dee-Doo...
Yes, it's a step in the right direction. But, my "share" of this will be somewhere in the $80-100 range per year. Warner's spouting off about how this will help the lower income families who by the same formula may save $50 per year.
'Course I don't hear nobody talkin' about my share of the $1.4 BILLION IN TAX INCREASES that Warner signed into law last year.
Two words:
Smoke.
Mirrors.
You're right.
Any possible savings this "cut" might net me has long been gobbled up by the increase in real estate recordation fees. I about croaked at the jump in the fees when we refinanced last month.
I also like the clip I keep hearing on WRVA. Gov. Warner says the grocery tax has been "eliminated". The d*mn grocery tax has NOT been eliminated - it's only been reduced. I swear he made that statement for campaign footage for Kaine.
As it stands, some tax reduction is better than none. Small consolation though.
Its for the Children! no longer works, now its For the highways.
Ping
Of course it hasn't been eliminated who does he think he's going to fool with that blatant crock of manaure?
When I do listen/watch radio or TV I am usually tuned to a Maryland station/channel and so have not seen or heard any "local" news of late...........in fact except for some HGTV over the weekend I haven't listened to or watched anything since last week.
My saving will be about $27 a year.
But is a start, even if it is just a political sop tossed to the people.
I understand that. But in the face of last year's tax increase, all this is is a campaign sound-bite for Timmy Kaine.
And last year's tax increases aren't finished.......tobacco taxes go up again come July 1....another 10cents a pack on cigarettes.
But what the heck, what's a few more dollars in the pockets of terrorists when Kaine and the Senate RINOs can claim VA has a huge budget surplus.
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