The Day: Tax-Free Shopping Starts Sunday in Connecticut
media mentionConnecticut’s annual sales-tax holiday coinciding with back-to-school shopping kicks off Sunday and runs through Aug. 23.
The tax holiday primarily applies to clothing and footwear costing less than $300 per item.
Gov. Dannel P. Malloy, in an appearance to promote the tax holiday, said this week that the idea is to boost retail sales while helping families “stretch their hard-earned money a little further.”
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“Sales tax holidays may give consumers a short break from sales taxes on certain items, but they don’t change regressive state tax systems,” according to the Institute on Taxation and Economic Policy, which issued a brief last month arguing that such gimmicks “have more political than policy benefits.”