Editorial: Americans are buying milk with borrowed money. No time for local grocery taxes.

Editorial: Americans are buying milk with borrowed money. No time for local grocery taxes.

A growing number of Americans are using “buy now, pay later” loans to pay for groceries. They’re borrowing money to buy milk. ​​Of BNPL users, 25% say they’ve used the loans for groceries, up from 14% a year ago, according to a LendingTree survey. More stores and services are offering the option to cover purchases via BNPL, including Walmart and Instacart. Also, companies such as Sezzle offer an app that provides funds to shop for groceries. BNP…

With Illinois' grocery tax set to end, many municipalities are adopting their own, even as food prices climb

Voters in Bensenville, Illinois, recently made clear how they felt about a proposed 1% tax on groceries. In a referendum on April 1, 91% voted against it. Even though the measure failed in Bensenville, at least 163 communities around the…

With the state’s grocery tax set to end, many municipalities are adopting their own, even as food prices climb – Chicago Tribune/Yahoo

The political hot potato promises to create a patchwork of taxes and has already led to finger-pointing between local and state officials. “If local governments believe it is necessary to tax milk, bread, eggs, etc. to fund local services/local government, then they should be responsible and accountable for that decision to local taxpayers,” Illinois Department of Revenue spokeswoman Maura Kownacki said.

States move to end grocery sales tax - The Iola Register

Arkansas has become the latest in a string of states to end its grocery sales tax. Kansas shoppers stopped having to pay a state sales tax on groceries in January. Arkansas’ grocery sales tax will end on Jan. 1. The same is true in Illinois. In Kansas and Oklahoma, shoppers stopped having to pay a state sales tax on groceries in January and August, respectively. Now fewer and fewer U.S. states continue to charge the tax, including Missouri and S…

Alarms went on in Peoria County after Illinois eliminated the state food tax. This bill, promoted by Governor J.B. Pritzker and approved by the General Assembly, abolished the 1% state tax that for years economically helped municipalities. Now, some cities in Illinois are going to be forced to consider introducing new taxes to fill the tax gap. According to projections, the city could lose around $5 million a year when the state tax loses on Jan…