Sixteen states are offering sales tax holidays this August, providing consumers with a couple of days to shop tax-free. Should you take the bait?
States with sales tax offer the sales tax-free days not only to give consumers a small taste of tax relief, but also to give retailers a boost in a typically slow month. While you can definitely save a bit on sales tax holidays, they can also make it tempting to buy stuff you don’t need.
If you’ve been saving up for a relatively big purchase, by all means plan to snap it up on a tax-free day. If you’re just hitting the mall because of the tax holiday, perhaps you should find something free to do instead.
About David E. Weliver
Comments are moderated and will generally be published if they are substantive, respectful, and on-topic. You can read the full policy here. Why can't I comment? Comments are automatically closed on posts older than 120 days.