Gov. Tomblin in Mercer Co. to discuss cut in food tax - WVVA TV Bluefield Beckley WV News, Weather and Sports

Gov. Tomblin in Mercer Co. to discuss cut in food tax

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BLUEFIELD, WV -West Virginia groceries are about to get a little cheaper.

The state is scheduled to shave another percentage point off the sales tax on groceries July 1.

This latest cut will reduce the so-called food tax to one penny per dollar spent. Revenue officials estimate the reduction will save consumers $26 million a year. But such cuts come at the expense of West Virginia's general revenue budget.

Governor Earl Ray Tomblin is expected to mark the latest cut at 2:45 p.m. Wednesday with an appearance at Grants Supermarkets in Green Valley.

The tax will disappear completely after July 1, 2013, if emergency reserves remain sufficient.

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