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Texas Shoppers Prepare for Tax-Free Weekend

By: KBTX Staff
By: KBTX Staff

This year marks Texas's eighth annual weekend of savings which runs all day Friday, Saturday, and Sunday.

The sales tax holiday is expected to save Texas consumers millions in state and local taxes.

Businesses will offer no-tax privileges on most clothing, footwear, and other back-to-school merchandise priced under $100.

But even though the 8.2 percent in sales tax will be eliminated, some marketing experts say to wait until after the sales tax holiday to shop.

"If you can hold off until the day after school starts then you can get some real bargains," said Larry Gresham, Associate Professor of Marketing at Texas A&M. "Sure you save eight percent this week but you may be able to save 40 percent later."

According to the National Retail Federation, consumers are predicted to spend $527 per child on school supplies alone, about $83 more per child than was spent last year.

Consumers will save about $8 for every $100 spent during the sales tax holiday.

About the tax-free weekend, the Center for Retailing Studies at Texas A&M University's Mays Business School, suggests you buy items like designer jeans, which will likely never be on sale. Other items that may be a good buy are the ones that are limited in selection or size. Also, make sure to only purchase items designated as tax-free.

To find out more information about tax-free weekend you can visit the Texas Comptroller's website at http://www.window.state.tx.us.


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