August 1, 2014

Lessburg Today: Virgina’s Back-to-School Tax Holiday

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By Kelly Davis

Your article about sales tax holidays “Virginia’s Back-To-School Tax Holiday Returns This Weekend” suggests that sales tax holidays are a great deal for shoppers, when, in fact, sales tax holidays aren’t really worth celebrating. These holidays are poorly targeted, costly and represent a lost opportunity to get tax fairness right.

A three-day sales tax holiday does nothing to provide relief to low-income taxpayers the other 362 days of the year. Holidays offer too little relief to the families that need it most and they require you to shop when the state says so. Wealthy families benefit from the holiday too and they have an even greater ability to shift their shopping to take advantage of the tax break.

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