Sales Tax Holiday starts tomorrow
- July 31, 2008
Will give consumers some relief says Sen. Tracy
(NASHVILLE, TN) - Local businesses and consumers will get a boost from the “Sales Tax Holiday” that starts tomorrow in Tennessee according to local State Senator Jim Tracy. Tracy says the sales tax holiday, half-cent sales tax reduction on food, and new amendment to give elderly and disabled citizens property tax relief were a good start to providing tax relief for Tennesseans.
“This holiday will be a boost for businesses, while giving consumers some tax relief,” said Senator Tracy. “This is especially needed in a time of economic downturn as children have many needs as they head back to school.”
The holiday begins at 12:01 a.m. and ends at 11:59 p.m. on Sunday. During the holiday, clothing and school supplies with a price of $100 or less per item, and computers with a price of $1,500 or less per item will be exempt from the state sales and use tax. Clothing includes shirts, dresses, pants, coats, gloves, hats and caps, hosiery, neckties, belts, sneakers, shoes, uniforms and scarves. School supplies include items used by a student in a course of study. It also includes binders, book bags, calculators, tape, chalk, crayons, erasers, folders, glue, pens, pencils, lunch boxes, notebooks, paper, ruler, and scissors.
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