Despite declining tax revenue, consumers will once again enjoy a weekend of tax-free shopping for certain items.
The sales tax holiday began today at 12:01 a.m. and will continue until 11:59 p.m. on Sunday.
“The sales tax holiday provides a great opportunity for families to get their back to school clothing and supplies and save some money in the process,” North Carolina Lt. Governor Walter Dalton said in a statement.
The following items are exempt from sales tax:
Other items, such as jewelry, cosmetics, and furniture, are subject to sales tax.
For more information about the Sales Tax Holiday, visit the N.C Department of Revenue Web page: www.dor.state.nc.us/taxes/sales/salestax_holiday.html
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I think the tax holiday is great, but I’m finding better deals online. For instance, I saved quite a bit this year by looking for many of the basics (like backpacks and clothing) on the web. Most online retailers mark down their already low prices pretty dramatically on this stuff. To cut down on costs this year, I made a list of the back-to-school items I needed for my family and am using a free shopping service called ZingSale.com to let me know when any of them go on sale.