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Tax Free: 12 states cut back-to-school sales tax this weekend

BUTaccording to a CNET poll, 85% of buyers feel the pain of inflation Back to school shopping.

Nonetheless vacation without taxes help you with some economic problems before you go back to school.

What is a tax free holiday?

There are tax holidays weekend date or day off where are the state governments not levy or reduce sales taxes for certain goods.

Downsizing or liquidation state taxes may apply to certain products.

In 2022, several states included moreokay, computers, sports equipment and clothes.

residents Alabama, Mississippi and Tennessee already experienced a tax-free holiday.

Which states are cutting taxes this coming weekend?

-Arkansas

August 6-7, 2022

-Connecticut

August 21–27, 2022

-Florida

July 25 – August 7, 2022

-Illinois

August 5–14, 2022

-Iowa

August 5–6, 2022

-Maryland

August 14–20, 2022

-Massachusetts

August 13–14, 2022

-Missouri

August 5–7, 2022

-New Mexico

August 5–7, 2022

-Ohio

August 5–7, 2022

-Oklahoma

August 5–7, 2022

-South Carolina

August 5–7, 2022

-Texas

August 5–7, 2022

-Virginia

August 5–7, 2022

-West Virginia

August 5–8, 2022

In the vast majority of these states clothing, school supplies, art supplies, laptops and tablets there will be no taxes.

However, some items will have a certain amount of taxes from.

For example, a backpack Missouri under $50 does not pay taxes.

If you buy a backpack that costs 70 dollars in Missouri, you will pay equivalent taxes on a $20 purchase.

“In Maryland, for example, the first $40 spent on a backpack is tax-free,” CNET reports.

“If you spent $60 on a backpack, you would only be taxed $20. However, in a state like Massachusetts, if you go over the $2,500 price cap for all qualifying purchases, the entire item is up for sale. tax”.

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