Consumers will not pay sales tax on clothing or footwear that costs less than $100 on July 31 and Aug. 1. Gov. Haley Barbour signed the bill into law earlier this month.
The Tax Commission has been working to assemble information on the tax holiday since the state enacted the exemption earlier this month, commission spokeswoman Kathy Waterbury said
Mississippi’s sales tax holiday is relatively limited, but it is designed to give consumers, especially parents buying back-to-school clothing, a break.
Exempting some items from sales tax once a year is not a new concept.
The District of Columbia and 13 states have tax holidays of their own. Alabama and Tennessee’s include computers and school supplies, while Louisiana allows up to $2,500 in purchases.
In Mississippi, cities receive a portion of sales tax collections. Cities that feel it will cost too much can opt out of the sales tax holiday next year.
Is this a good idea in this time of economic crisis? This where the disconnect gets interesting……the state is broke….it wants to tax somethings…..and then give some money back…….unfortunately this is just a misdirection…..give the people something to think about and they can run other crap pass them ….unopposed.
It is a political game and Mississippians fall for it everytime…….