State House eyes tax cut bills

MONTGOMERY—A series of four tax-cut bills introduced by Rep. Danny Garrett (R-Trussville) aim to provide further financial relief for Alabama families. These proposals, designed to lower the cost of living for residents, would significantly reduce taxes on food, retirement income and state income taxes with the potential to save Alabama families an estimated 4.6 million annually. One of the proposals, House Bill 386, seeks to accelerate the state’s grocery tax reduction by an additional 1%, bringing the total reduction to 2% by 2025. Under current law, Alabama taxes food at a reduced rate of 3%. HB 386 would lower the...

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