Michael Thomason | The Advocate & Democrat
Tennessee Gov. Bill Haslam signs a bill lowering the sales tax on food Monday afternoon as state
and local dignitaries look on. Haslam held the ceremonial signing at Sloan’s Grocery in Vonore.
|Published: 9:39 AM, 05/22/2013
||Last updated: 9:38 AM, 05/22/2013
Author: Michael Thomason
Source: The Monroe County Advocate
VONORE-Tennessee Gov. Bill Haslam made
a stop in Vonore Monday afternoon to sign a bill that would the sales
tax on food from 5.25 percent to 5 percent.
Haslam made the ceremonial signing at
Sloan's Grocery, saying he felt the store was a perfect place to
sign such a bill.
"Sloan's has been in business since
1901," he said "and is the kind of place that really highlights
what a successful business can be in Tennessee. We like to see
businesses grow and stay in Tennessee."
Haslam said that while the tax
reduction might not seem like much, he said combining it with the cut
that was made last year, means the sales tax on food has dropped 10
percent since 2012.
"That's $40-$50 million left in the
hands of Tennessee residents," he said, "which is where it should
The bill, SB 199/HB 193, was introduced
by the governor and was one of two tax cuts passed by the Legislature
and signed by Haslam this year as the state continues its work toward
providing the best customer service at the lowest possible cost to
See full story in the Wednesday, May 22, edition of The Advocate & Democrat.
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