2 states to give shoppers temporary sales tax breaks
BOSTON (AP) — Shoppers in Massachusetts and Connecticut will be getting a break from sales taxes in the coming days.
The two-day sales tax holiday in Massachusetts will be held on Saturday and Sunday with most items exempt from the state’s 6.25% sales tax. Exceptions include cars, boats, tobacco, marijuana and restaurant meals.
Connecticut’s sales tax-free week begins on Sunday and runs through Aug. 24. During that time, retail purchases of most clothing and footwear items under $100 will be exempt from the 6.35% tax.
The weeklong holiday in Connecticut is timed for the busy back-to-school shopping period and is estimated to save consumers nearly $5 million.
Massachusetts retailers have long welcomed the sales tax holiday, though it does cost the state an estimated $26 million in annual tax revenues.