Race Day Live , (Las Vegas, NV) – Nevada residents will ring in the new year with some financial relief, thanks to a new tax policy. Starting January 1, 2025, diapers will be exempt from sales tax, following the approval of Question 5 on the 2024 ballot. This measure received overwhelming support, with 69% of voters—totaling 942,828 people—voting in favor.
Significant Savings for Families
The exemption, supported by the nonprofit organization Baby’s Bounty, is expected to bring much-needed relief to Nevada families. Currently, families spend an estimated $1,000 to $1,200 annually on diapers for a single child. Removing the sales tax is expected to save families about a month’s worth of diaper expenses every year.
Over the next 25 years, the tax exemption is projected to save Nevada families a total of $400 million.
Key Details | Figures |
---|---|
Annual Diaper Costs (per child) | $1,000 – $1,200 |
Projected Savings per Year | One month’s supply |
Total Savings Over 25 Years | $400 million |
A Decade-Long Effort
The initiative to remove sales tax on diapers has been under discussion for nearly a decade. Kelly Maxwell, CEO of Baby’s Bounty, expressed excitement about the long-awaited change.
“We are ecstatic over here; we couldn’t be happier,” Maxwell said. “This is a big win for Nevada families and a critical balance to the inflationary increases that we’ve seen, especially in diaper costs, which have risen as much as 185% since COVID.”
Read More at Race Day Live – $3,627 Monthly Disability Payments? Find Out If You Qualify in Texas in January 2025
Dignity and Choice for Families
Beyond financial savings, the tax exemption restores a sense of dignity and independence to families. Maxwell explained that many families prefer to purchase diapers themselves rather than relying on diaper banks. “This will provide a little relief for these families who are struggling,” she said.
Public Reaction
The move has sparked discussions on social media, with many applauding the decision.
- “It’s about time. We shouldn’t be taxing anything related to personal care/hygiene,” one commenter wrote.
- “Diapers are a necessity like food. Make raising a family affordable,” another added.
While some expressed concerns about potential budget impacts, the overall sentiment appears supportive of the measure, which is seen as a win for families across Nevada.
As Nevada leads the way in making diapers tax-free, other states may take note, signaling a shift in how essential items are taxed nationwide.
+ There are no comments
Add yours