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Conn. Sales Tax Holiday Planned

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Back-to-school shoppers in Connecticut will soon get a tax break.











Starting Sunday, clothing items that cost less than $300 will be exempt from the state’s 6.35 percent sales tax. The affected items includes jeans, jackets, ties and sneakers. A full list is available on the Department of Revenue Services’ website.











The annual tax-free week is scheduled to run through Saturday, Aug. 24.











Guilford state Sen. Ed Meyer said the tax break is designed to help families save money on back-to-school items and provide a financial boost for Connecticut retailers.











This year, Meyer said the initiative week is expected to cost the state $7 million to $8 million in lost tax revenue.











Associated Press/NBC Connecticut
 








Source Article from http://www.nbcconnecticut.com/news/local/Conn-Sales-Tax-Holiday-Planned-220056961.html


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