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Topic: back-to-school sale

Brave the thundering hordes: shoppers surge for tax breaks

 

One writer’s look at sales tax amnesty and reasons for NOT shopping tax free weekend …

2007_walmart-shoppers1.JPGTennessee offers a back-to-school tax-free shopping weekend every year, a benefit to families with students heading back to school. It’s happening this weekend, August 3-5. It’s a potential benefit to everyone including businesses who want a break on clothing, school or office supplies, and computers. The extent of items liberated from taxation have some restrictions, but the boon is not limited just to families with school age children. Small and large businesses benefit as well from the tax breaks, either as buyers or sellers of merchandise. Because everybody, not just parents of school age children or college students, can save. Seems like a good idea. But what is the reality? «Read the rest of this article»

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