Are Sales Tax Holidays Good For Business?

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SALES TAX, TAX BREAKS

Are Sales Tax Holidays Good For Business?

By The BIDaWIZ Team on July 29th, 2011 at 1:00 pm

We're heading into the back to school season which means sales tax holidays are just around the corner if they haven't already started. Many states offer a sales tax holiday for back to school items during the first week of August. On the surface, these tax holidays (4 to 9% discount) sound great for both consumers and businesses. But, after careful analysis, the benefits may be somewhat temporary and not very good for the economy. .

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