Latest Headlines
- Cat Country 98.7 Is The 2024 CMA Radio Station Of The Year (With Gallery)
- Gonzalez Man Gets Two Life Sentences For Abusing Children
- One Airlifted After Highway 97 Rear End Crash
- Semi, Pickup Crash Closes Highway 29 For Hours In Cantonment
- Now That Matt Gaetz Has Resigned After Being Picked For Trump’s AG, Who Will Seek His Seat?
- Learn How To Break Down A Chicken At The Molino Library
- Escambia Man Dies In Two Vehicle Crash
- Flomaton Man Arrested In Atmore For Possession of Fentanyl, Cocaine
- Escambia Man Sentenced to 25 Years for Fentanyl Trafficking
- Tate High Softball’s Kara Wine Signs With The University of South Alabama
School Sales Tax Holiday To Return
June 8, 2011
Gov. Rick Scott has signed a bill that creates a three-day holiday from the state sales tax on many items starting August 12.
The sales tax holiday will include clothes and shoes up to $75 and school supplies valued at $15 or less. The popular sales tax holiday at back-to-school time saves 6 cents on every dollar spent. While it’s a sales tax cut for the careful shopper, retailers say it’s actually a big tax collection increase for the state.
Many consumers actually increase their purchases of non-covered items during that period, which often coincides with sales.
Comments
One Response to “School Sales Tax Holiday To Return”
It cost a lot to equip kids for school, Scott you boat is on course with this one. I never made it past economics 101, but I wonder what the benefits would be on having one day a year, tax free, on all purchases up to a predetermined amount, I know tax revenue would be lost, but could this stimulate sagging sales? Input please!