"Maximize savings
Over the years, many shoppers have learned how to work the holiday to save the most.
This year, opportunities to parlay the tax-free weekend into bigger savings could be especially lucrative. Retailers, still digging themselves out from the recession, are anxious to make the most of back-to-school sales. Drugstore chains, department stores and the super stores such as Wal-Mart and Target are aggressively competing for the $21 billion that shoppers are expected to spend on back-to-school this year."
Savings in North Carolina:
"Now - nine years after the first holiday in North Carolina - they know that how much you rack up in savings depends largely on what you buy. But even for those who don't plan to buy big-ticket items such as computers, the weekend can pay off in other ways. The tax-free holidays begin Friday in both North and South Carolina.
With a 8.25 percent tax rate in Mecklenburg County (5.75 percent N.C. tax and 2.5 percent local), basic school supplies don't garner much of a savings. In Mecklenburg, spend $40 on pencils, notebooks and folders and you'll save $3.30.
Outfit your child with new clothes and shoes, and the savings are juicier. The average family will spend $261.65 on clothes and shoes, according to this year's National Retail Federation back-to-school survey. The savings on those purchases, if made during the tax-free weekend, will be $21.59.
And if you were to buy, say, a new Mac laptop computer for $1,199, your savings are more substantial: $98.92."
Read more here.
2010 State Sales Tax Holidays
About Me
- Alexandra
- A homeschooling mother of one teenager and a little. In 2001, I resigned from my 13 year position as a case manager to homeschool my oldest who was a preschooler at the time, and later a daughter who came along in 2005. This is by far the hardest job I've ever loved. My husband of nearly 20 years supports us as a fire fighter and EMT.
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1 comments:
Clothing and shoes only in OK, not school supplies or computer equipment. Shoes include tennis shoes because they are worn for other things, but not sport-specific shoes such as football cleats or golf shoes. Limit per item is $100, a single item that is over that is not tax-exempt. It's state-wide, so thrift stores are included and they usually take advantage of the opportunity to get more poeple in to buy. It includes clothing for adults as well as children's sizes and it includes things like panty hose & pajamas. Ours is this Friday through Sunday and we will go Friday after work. Maybe on Sunday as well, depending on what we find. We don't need a whole lot this year.
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