Fewer Tax Free Days, More Spending
August 4th, 2016 by Mike VasilindaThe back to school sales tax holiday weekend begins tonight at midnight and runs through midnight Sunday night. School itms under 15 dollars are free from the sales tax as are clothing that sells for less than sixty dollars. This years event is shorter than the one days last year, and because of that James Miller with the Florida Retail Federation expects stores to be especially busy.
“Behind Black Friday (this is) the second most popular shopping weekend in Florida. It’s going to be very crowded. We suggest people do a little research ahead of time. Identify the items you want to buy. More importantly, identify the stores you want to buy them at because there will be crowds, there will be lots of people, so try to make this as easy and painless shopping experience as possible” says Miller.
Miller expects the average family will spend $673 dollars, up from 640 last year. The set will forgo just under 29 million in revenue that is being passed on to consumers.
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