Changes Coming To Tax Free Weekend In 2012
NORTH RICHLAND HILLS (CBSDFW.COM) – Tax free weekend is in full swing, but there will a big change to it next year.
Marie Kaiser won’t dare to brave this weekend’s back to school shopping. In fact, she’s already done. “I’ve gotten all the school supplies hope so,” she says sitting at home in her living room in Southlake “I just wanted to make sure I got what I needed.”
Kaiser is among a growing group of parents who complained that it would be better to move the tax-free weekend to earlier in the summer. “Tax free is a great idea, do it a couple of weeks before school starts so we are not looking through what’s left over,” says Debra Jones as she shopped Thursday night with her 9-year-old daughter.
For the last several years it’s been the third weekend in August which is right before the first day of school. Lawmakers have heard the concerns and are changing the dates for next year.
The Texas Comptroller’s Office says next year tax-free weekend will be 10 days before school starts.
“I probably could have saved more money if I had gone on a tax-free weekend,” says Kaiser “It looks like I have more than 100 dollar’s worth of stuff here.”
A spokesperson with the Comptroller’s office says shoppers this weekend are expected to save $62.1 million in state and local taxes. That’s a slight increase from last year’s savings of $59.3 million.
Find out more about tax-free weekend, including knowing the ins & outs of how it works.