Shoppers take advantage of tax-free weekend
Posted August 8, 2010 4:53 p.m. EDT
Updated August 9, 2010 4:42 p.m. EDT
Raleigh, N.C. — North Carolina shoppers are taking advantage of the state’s sales-tax free holiday this weekend by stocking up on items, like school supplies.
Jan and Travis Smith went to a Cary Target on Sunday to buy items their children need for school.
“We’re stocking up on all our school supplies and taking advantage of the tax-free weekend,” Travis Smith said.
Cindy Sills was also there with her mother getting what she needs to start her first year of college at Wake Tech.
“It's my last one leaving the nest,” mother Lisa Sills said of her daughter. "She's got to learn how to wash her own clothes. So I got her laundry detergent."
The tax-free holiday has retailers working overtime to keep shelves full. A Cary Target employee said the store was packed this weekend with shoppers looking to save money.
"I really appreciate it (sales-tax holiday). It really helps out a lot. I wish they would do it more often,” Lisa Sills said.
State sales tax is 5.75 percent. Local taxes bring it to 7.75 percent in most counties. The annual tax holiday was started several years ago to help families purchasing back-to-school supplies, but it also includes other merchandise.
The tax exemption covers:
- Clothing, shoes and school supplies that cost $100 or less each
- Instructional materials, like textbooks and globes, that cost $300 or less per item
- Sports equipment – from mouth guards to baseball gloves – priced at $50 or less each
- Computers with a sales price of $3,500 or less (Note: The sale of a computer monitor, keyboard, mouse or speakers is only tax-free if bought as part of a computer package.)
- Computer supplies, like a flash drive or printer, as long as they are $250 or less per item
The tax-free holiday ends at 11:59 p.m. Sunday.