NECN covers Question #3 in light of Sales Tax Holiday

Via NECN:

(NECN: Tom Langford – ) – Saturday is the start of a sales tax holiday in Massachusetts.

Shoppers are expected to make millions of dollars in tax-free purchases this weekend

The Massachusetts Retailers Association says stores are expected to see about five times the business of a normal August weekend, meaning hundreds of millions in added revenue.

With each item up to $2,500 tax exempt, retailers expect to move a large amount of stock consumers have been saving up to buy – like appliances, furniture and home improvement supplies.

Even liquor stores anticipate a boost in business, just a year after the state first slapped them with the added tax.

NECN reporter Tom Langford is at the North Shore Mall in Peabody and has more on the story.

Spread the word:
  • Facebook
  • Twitter
  • del.icio.us
  • LinkedIn
  • NewsVine
  • Posterous
  • Digg
Email to a Friend Email to a Friend

3 Responses to “NECN covers Question #3 in light of Sales Tax Holiday”

  1. Peter Paul says:

    Can’t these ballot initiatives get repealed by the legislature? What’s the use?

  2. Tom says:

    Vote “YES” on question 3. . .

    http://www.statemaster.com/graph/eco_sta_tax_lev_rev_per_cap-tax-levels-revenue-per-capita

    Passage of Question 3 would place MA in second or third place from the top of the list in the link. Today we are in first place among the 50 states.

    Not much of a change, and there would still be ample money to do what’s necessary on Beacon Hill. . ., but also some more in your wallet

  3. Hi there to every body, it’s my first visit of this website;
    this web site carries awesome and actually fine material designed for readers.

Leave a Reply