LUBBOCK, TX (KCBD) - It's about that time to send your child back to school, and once again the state of Texas will help you save money by cutting sales tax on many back to school items. Some question the tax free weekends when many states are struggling to fill their budget gaps. Florida and Illinois did not approve the tax free holiday this year, and Washington D.C. canceled theirs due to budget problems.
Some analysts say sale tax holidays were good ideas when the economy was doing well, but suggest state leaders may want to reconsider the concept now. Here in Lubbock, the tax free weekend continues to draw big numbers to the South Plains Mall. "If it's not our busiest weekend, it's the next busiest weekend of the year," Senior Marketing Manager for South Plains Mall Beth Bridges said.
She says many families depend on the savings they receive during the tax free weekend. Bridges says not only do they save on tax, many stores offer promotions, sales, and coupons that can double the savings. "While I know it's still a challenging economic time out there, you know, hopefully they realize that this will spur some sales. I really hope that our state leaders will continue to develop this, and I think the fact that they added school supplies this year just shows that they realize the value that it means to families in Texas," Bridges said.
The tax free holiday starts Friday, August 21st and lasts through Sunday, August 23rd. (Click Here) to view a complete list of all tax free items.
Texas holds a second tax free holiday over the Memorial Day weekend for Energy Star appliances.
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