Tax break planned for shoppers
Published 3:24 am Monday, July 23, 2007
Special to the Standard
Electronics and shoes are expected to be big sellers as families nationwide begin to stock up for the 2007-2008 school year, which bodes well for Alabama's second sales tax holiday as some items in both categories are covered in the state's three-day sales tax holiday.
Families with school-aged children are expected to spend almost 7 percent more on back-to-school shopping this year, according to a national survey of consumer intentions. That number could be even higher in Alabama, as the state observes its second sales tax holiday with more local governments participating than last year.
Alabama's sales tax holiday begins at 12:01 a.m. Friday, Aug. 3, and ends at midnight, Sunday, Aug. 5. The state's four-percent sales tax as well as sales taxes levied by any of the 225 cities and counties that have agreed to participate are waived for those three days on:
clothing priced at $100 or less; school supplies priced at $50 or less; books valued at $30 or less; and computers and computer equipment with a selling price of $750 or less.
Brewton and East Brewton retailers will be participating in the tax-break holiday for back-to-school shoppers.