People here in the Magnolia State are gearing up to fight long lines for a big shopping weekend. Business owners are hoping you'll come out, spend big and save some cash in the process. It's all apart of the state's tax free holiday weekend.
The tax free holiday means shoppers won't pay the state's 7% sales tax on many items. The bargains begin early Friday morning and last through Saturday night. Kathy Waterbury, the Communications Director for the Department of Revenue says, "for every $100 you spend you'll save $7 in sales tax."
Tax exempt items include most clothing and footwear under $100. The sales tax is taken off of individual items. So as long as each item you buy costs less than $100 it's tax free.
Now, purchases not tax exempt include accessories, like jewelry, handbags, wallets, and school supplies. Also, footwear worn for athletic or recreational events and lots of sports gear aren't tax free.
Waterbury says, "your golf cleats don't qualify, your golf glove doesn't qualify, a baseball glove doesn't qualify, baseball pants and football pants don't qualify."
Before you do you shopping you might want to print out a tax free holiday shopping list from the Department of Revenue website. The department has put together a list of eligible and non-eligible items for this tax free holiday weekend.
Waterbury says, "that list while it's not 100% comprehensive it does provide a lot of guidance for people."
Several stores at Northpark Mall are adding bargains on top of the tax holiday.
Gia Maloney, the Marketing Director for Northpark Mall says, "Dillards is having their 30% off sale, Nine West is having a 60% off sale on several of their pairs of shoes.
Cities not participating in the sales tax holiday weekend include Bolton, Crenshaw, Enterprise, Heidelberg and Magnolia. The tax holiday is in effect all day Friday and Saturday.
For a list of eligible and non-eligible items during the tax free holiday weekend go to http://www.dor.ms.gov/docs/2011SalesTaxHoliday.pdf. You can also call the Department of Revenue for more information at 601-923-7015
Copyright 2011 WLBT. All rights reserved.