Ready! Set! Tax-free shopping!
RICHMOND, Va (WTVR) – For 72 hours, parents can save money buying back-to-school clothes and supplies.
The no-sales tax holiday is part of a state incentive to help out parents as well as to help generate business for the local economy.
The Short Pump Wal-Mart location spent the last 30 days stocking up and getting ready for the event, which kicks off Friday and ends Sunday.
But some people shopping on Thursday said that no-sales tax is no incentive.
“It’s not a factor,” says Lorrie Maxey, who was shopping with her two children.
“I usually get it before now, we’re very late this year, with school shopping, I always have it done before August.”
Felecia Coles says her teenage son told her the savings were that great, so they should get it done before the crowds, but Coles says she understands, even a small savings for some, it important right now “I know its a struggle in this economy so for some, it’s an incentive and if it helps them, good for them.”
The Virginia Department of Taxation says a parent spending $200 will save $10.60 in taxes.
Harold Walker, store manager for the Wal-Mart in Short Pump says they have more than 250 items for less than a dollar, and provide customers with lists of everything that can be bought, under the no-sales tax holiday.
The state published a list of items that are included in the term “clothing” and are
therefore exempt from tax during the sales tax holiday period, provided their
sales price is $100 or less per item. This list, which includes lingerie, corsets and garter belts is not all-inclusive. Other items meeting the definition of clothing may be purchased exempt of the tax.
Interestingly enough, parents should note that clothing does not include sporting equipment or footwear designed primarily for athletic activity or protective use and not usually considered appropriate for everyday wear.
These items may not be purchased exempt of the tax. Click here to see the entire list.