Oklahoma is the latest state to cut grocery taxes, but who does this really benefit?

Oklahoma is the latest state to cut grocery taxes, but who does this really benefit?

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the elimination of Oklahoma's state grocery tax, which aims to alleviate the financial burden on families amid inflation. This move is part of a broader trend where states like Kansas and Illinois are reconsidering their grocery tax policies. While the tax removal offers relief, it primarily benefits middle and higher-income families, as those on SNAP are already exempt. The video also highlights the complexity of tax classifications, with specific examples illustrating the nuances in what is considered taxable. Overall, the changes reflect a growing trend in state tax policy adjustments.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some examples of items that may still be taxed even after the grocery tax is eliminated?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the nine-page document from Michigan regarding prepared food?

Evaluate responses using AI:

OFF