Save a Bundle on Back-to-School with Sales Tax Holidays
When times are tough, every penny counts. That's why shoppers look forward to what has become an annual summer ritual in many states: the chance to avoid sales tax on certain purchases.
When times are tough, every penny counts. That's why shoppers look forward to what has become an annual summer ritual in many states: the chance to avoid sales tax on certain purchases.
As states grapple with huge budget deficits, some of them are eliminating sales taxes for back-to-school shoppers. But are sales tax holidays really a good value for consumers? Experts discuss the true costs of the programs and some of the alternatives.
Despite the searing weather and a lukewarm economic recovery, major merchants are expected to report growing retail sales in their August tallies on Thursday. But don't count on the kind of increases we saw at the beginning of the year.






