Sales Tax Holiday Weekend Kicks Off
BOSTON (AP) — Massachusetts residents will get a break from the state's 6.25 percent sales tax this weekend, thanks to legislation signed by Gov. Deval Patrick.
A recent annual tradition in the state, the sales tax holiday will begin on Saturday and last through Sunday.
WBZ NewsRadio 1030's Kim Tunnicliffe reports
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During the event Massachusetts shoppers will be able to buy certain items, costing up to $2,500, tax-free. Restaurant meals and tobacco will not be tax exempt.
Housing and Economic Development Secretary Gregory Bialecki said he believes the tax holiday will help Massachusetts businesses boost their revenues during a time when sales are typically low.
Bialecki said the state looks to give up an estimated $20 million in tax revenue during the two-day long event.
Copyright 2012 The Associated Press.
