Tax Free Weekend recap

03 August, 2018, 18:37 | Author: Sally Reid
  • Ohio to have a sales-tax holiday

In anctipation of the crowds, Cottonwood Mall has added hours to its weekend schedule, staying open until 10 p.m. Friday and Saturday and 7 p.m. Sunday. School supplies, computers and clothing, to name a few things! This includes a variety of items, from pencils and paper to trousers and jackets to prepare for the fall. "Governor Walker and the Wisconsin State Legislature have determined that some of that surplus should be returned to taxpayers in the form of a sales tax holiday". That's because shoppers went shopping over the weekend in droves.

Shoppers get ready. Ohio's sales tax holiday is set for this weekend.

Democrats have decried the holiday as an election-year gimmick. "It definitely helps with traffic and sales, having the tax free, everybody likes that savings", explained Pinson.

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The new school year is just around the corner and so is New Mexico's annual back-to-school sales tax holiday, which kicks off Friday and runs through Sunday. The local tax break on the Second Amendment Holiday will remain in place. Those who live in Loudoun or in other parts of Northern Virginia, where the sales tax is 6 percent, will save even more. The New Mexico Taxation and Revenue Department doesn't notify retailers of the upcoming event, she said.

The Department of Revenue estimates that this onetime, five day sales tax holiday will provide approximately $14.8 million in tax relief to Wisconsin consumers. Fur clothing also is tax exempt this weekend, but the one piece of clothing with fur, a woman's jacket with a real fur collar, retails far above the $100 limit at $1,100. "It's also big because it's right before fair, so everybody is wanting to rush in and get their back to school shopping finished".

"They're losing a ton of money when they do this", Lumley said.

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