Tax Holidays Starting Soon
Tip It!Don’t forget… If you live in the following states, your state sales tax holiday is starting this weekend:
Alabama, August 3rd-5th
District of Columbia, August 4th-12th
Georgia, August 2nd-5th
Florida, August 4th-13th
Iowa, August 3rd-4th
Missouri, August 3rd-5th
New Mexico, August 3rd-5th
North Carolina, August 3rd-5th
Oklahoma, August 3rd-5th
South Carolina, August 3rd-5th
Tennessee, August 3rd-5th
Virginia, August 3rd-5th
In contrast, residents of the following states still have a bit of time to get ready for their tax holiday:
Connecticut, August 19th-25th
Texas, August 17th-19th
If you’re lucky enough to live in a state that offers a sales tax holiday, be sure to use it wisely… Don’t go out and buy stuff just because it’s tax free.
For full details: 2007 State Tax Holidays
Published on August 2nd, 2007 - 10 Comments
Filed under: Taxes
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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August 2nd, 2007 at 9:54 am
Louisiana August 3rd and 4th, state tax holiday!
August 2nd, 2007 at 10:05 am
What’s the purpose of a sales tax holiday? It perversely provides the least benefit to those who need tax relief the most, and the most benefit to those who need it least.
August 2nd, 2007 at 10:31 am
Don’t forget that many stores have sales before and after the sales tax holidays. They’re often much better than the sales tax relief.
August 2nd, 2007 at 10:40 am
Actually, given the regressive nature of a sales tax, I would think that it would provide the most help to those with the least.
August 2nd, 2007 at 1:49 pm
MW, why doesn’t it help poor people when things cost less? Doesn’t sales tax hurt those least able to pay?
August 2nd, 2007 at 9:39 pm
Sales tax holidays — and of course, the comparable sales — are perfect for those who have limited income but still need to buy the necessary back-to-school supplies and clothing for their kids.
August 2nd, 2007 at 11:38 pm
I love the tax holidays… bought my grill during a tax holiday…
August 3rd, 2007 at 11:18 am
Massachusetts is August 11th and 12th…
I think I might be buying an LCD for the bedroom and will ‘penalize’ myself buy throwing in the tax I would have spent, multiplied by two into our brokerage account.
August 5th, 2007 at 9:08 pm
Omg…. I never knew that there is one. I should travel to those cities next year since I’m also flying everywhere!
August 6th, 2007 at 9:53 am
You forgot Massachusetts, it’s next week-end:
August 11th and 12th