Arizona families could soon be saving money on their groceries.
An amended form of SB 1063, a bill eliminating municipal food taxes, passed in the Arizona Senate on Feb. 27 and has moved onto the House for discussion. The bill is sponsored by Senate Majority Leader Sonny Borelli, R-Lake Havasu.
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Walmart has launched a drone delivery service for customers in Florida, Texas and Arizona as the grocery chain expands its delivery operations.
Customers in the Dallas, Phoenix, Tampa and Orlando areas are able to have same-day delivery via drone, Walmart announced earlier this month.
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Newly released polling data shows that inflation is causing most Americans to cut back at the grocery store.
Morning Consult released the survey results, which showed that 82% of American shoppers report trying to save on groceries in the last month because of inflation with more and more Americans simply buying less at the store.
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Tennesseans may notice their grocery bills are a little less this month, as Gov Bill Lee announced Monday that the long-awaited suspension of tax on groceries went into effect state-wide. The governor first proposed the idea in March.
“As Americans see their cost-of-living skyrocket amid historic inflation, suspending the grocery tax is the most effective way to provide direct relief to every Tennessean,” Lee said at the time.
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Kroger Fulfillment Network, LLC officials announced Thursday that Kroger Co. will offer more Americans product delivery through the addition of a “spoke” facility in Nashville. The project is expected to bring 180 new jobs to Davidson County.
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After months of debate about Virginia’s biennium budget, lawmakers reached a deal to provide an income tax cut for the middle class, a reduction in the grocery tax and a pay raise for teachers.
The deal earned approval from Republicans and Democrats in a joint conference committee, but still needs to pass the House of Delegates and the Senate and be signed by Gov. Glenn Youngkin. Republicans narrowly control the House and Democrats narrowly control the Senate.
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Newly released federal inflation data show that prices continue to rise at the fastest rate in four decades, continuing the trend of soaring inflation.
The Bureau of Labor Statistics released its Consumer Price Index, a key indicator of inflation, which showed prices rose an additional 1.2% in March, part of an 8.5 percent spike in the past 12 months.
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Americans have less money than they had last year — though taxes haven’t been raised. So what’s the problem? Inflation, which has increased at a 40-year high annual pace of 7.9%. It acts as a hidden tax because we don’t see it listed on our tax bills, but we sure see less money on our bank accounts.
In fact, inflation-adjusted average hourly earnings for private employees are down about 2.5% over the last year. This means a person with $31.60 in earnings per hour is buying 2.5% less of a grocery basket purchased just last year. “For a typical family, the inflation tax means a loss in real income of more than $1,900 per year,” stated Joel Griffin, a research fellow at The Heritage Foundation.
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On Thursday, Tennessee Governor Bill Lee announced in a press release his proposal for a 30-day suspension of state and local grocery sales tax to provide “direct financial relief to Tennesseans amid surging inflation nationwide.”
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