sales tax holiday

The True Cost of State Sales Tax Holidays

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.

August Retail Sales: Expect a Mixed Bag

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.