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Tax Holidays Starting Soon

Written by Nickel - 10 Comments
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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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10 Responses to “Tax Holidays Starting Soon”

  1. 1
    liz Says:

    Louisiana August 3rd and 4th, state tax holiday!

  2. 2
    Minimum Wage Says:

    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.

  3. 3
    Nathania Says:

    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.

  4. 4
    nickel Says:

    Actually, given the regressive nature of a sales tax, I would think that it would provide the most help to those with the least.

  5. 5
    rocketc Says:

    MW, why doesn’t it help poor people when things cost less? Doesn’t sales tax hurt those least able to pay?

  6. 6
    Flexo Says:

    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.

  7. 7
    RateLadder Says:

    I love the tax holidays… bought my grill during a tax holiday…

  8. 8
    Luke Says:

    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.

  9. 9
    MoneyNing Says:

    Omg…. I never knew that there is one. I should travel to those cities next year since I’m also flying everywhere!

  10. 10
    Tanelia Says:

    You forgot Massachusetts, it’s next week-end:
    August 11th and 12th

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