💸 GRT vs. Property Tax: 5% Monthly Savings Calculator
Enter your real monthly spending and property tax to see how much you’d save under a 5% Gross Receipts Tax (GRT) system.
📌 Remember: Under the Maximum Liberty Tax Plan, you pay NO other taxes—no state sales tax, no property tax. Just a single, simple 5% on what you spend.
🛒 Grocery & Medical Exemptions Still Apply:
Groceries like bread, milk, eggs, and essential medical supplies like prescriptions and prosthetics remain exempt from the GRT.
Learn more at SealSD.com/taxes
📊 What’s Taxable vs. Exempt under GRT?
Category | Taxable? |
---|---|
Bread, Milk, Eggs, Fruits, Vegetables | No ❌ |
Hot Prepared Foods (gas stations, delis) | Yes ✅ |
Toiletries, Cleaning Products | Yes ✅ |
Prescription Medications | No ❌ |
Over-the-counter Medications | Yes ✅ |
Medical Equipment (prescribed) | No ❌ |
Luxury Items (jewelry, electronics) | Yes ✅ |