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Friday, August 3, 2012

Sales Tax Holiday Passed for Aug. 11 and 12

The tax break was part of a larger economic development bill the Legislature passed Tuesday.

Time for back to school shopping at Target on Robert Drive? Or a trip to the Wrentham outlets? Aug. 11 and 12 would be a good time to go. As part of the jobs bill passed on the last day of the legislative session, lawmakers in Boston passed a two-day tax holiday. The 115-page bill, passed on Tuesday, included a two-day holiday on the weekend of Aug. 11 and 12 from the state's 6.25 percent sales tax, according to the Boston Globe.  Excluded from the tax holiday are restaurant meals, cars, motorboats, tobacco and any item that costs more than $2,500. To offset the loss of revenue, Gov. Deval Patrick set aside $20 milliion in a supplemental budget he filed early last month. Massachusetts was one of 17 states in the country to offer a sales …

Wednesday, August 3, 2011

Massachusetts Tax Holiday, Aug. 13 and 14

A bill has passed the House and Senate that would repeal the state’s 6.25 percent sales tax the weekend of Aug. 13-14.

The weekend of Aug 13-14 is officially a holiday weekend for shoppers looking for a deal. Massachusetts Gov. Deval Patrick signed a bill Monday creating another sales tax holiday in Massachusetts in hopes to boost sales during a slow time of year.  The tax holiday will shelve the 6.25 percent levy on most items selling for less than $2,500. According to the Boston Herald, since 2004, the Legislature has approved a two-day tax holiday every year except 2009, saving shoppers a total of $93 million. Will you take advantage of the tax holiday? Tell us in the comments or email Patrick.Maguire@Patch.com

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