Sales Tax Holiday
It’s hard to find anyone who doesn’t like the idea of a sales tax holiday.
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.
Governor Patrick has signed the new Infrastructure Investment and Economic Growth Law. It’s designed to help job creation in the state.
State lawmakers are set to vote on an economic development bill that includes a two-day sales tax holiday.
Consumers are taking advantage of the tax-free holiday weekend, but they are also being very careful how they spend.
Shoppers across the Bay State packed stores beginning Saturday, as the Sales-Tax Holiday weekend was underway.
This weekend, the 6.25% tax on items $2500 or less will be waived. It made Friday night at many area malls a preview night.
Retail sales were up nationwide last month. Massachusetts retailers are hoping that trend continues this weekend when the state waives the sales tax.
Gov. Deval Patrick has signed a bill creating another sales tax holiday in Massachusetts for the weekend of August 13-14.
Shoppers could be enjoying another Massachusetts sales tax holiday this summer.