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Wednesday, June 22, 2022

Tennessee to Suspend Sales Tax on Food in August

As part of the state’s 2022-2023 budget, Tennesseans can expect that the state’s tax on food and “food related items” will not apply during the month of August. 

“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,” Governor Bill Lee said upon signing the budget bill. “Our state has the ability to put dollars back in the pockets of hardworking Tennesseans, and I thank members of the General Assembly for their continued partnership in maintaining our fiscally conservative approach.”

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Four percent. That's just a fraction of how much prices have risen since Biden took office.