August 5, 2005 – Posted at 5:29 p.m. CDT
MALDEN, MO -- It's that time of year again... school bells will be ringing soon, and shoppers are heading to the stores for supplies. Show-Me State shoppers are lining up at the checkout aisles this weekend to take advantage of the Missouri Tax Holiday. The cost-saving weekend has become an annual event for the state.
Shoppers have the opportunity this weekend to purchase clothing, shoes and up to $50 dollars in school supplies and up to $3,850 in computer equipment and software tax-free, and folks were taking advantage of it.
“We’ve bought backpacks, pencils, paper, notebooks and hand sanitizer,” laughed shopper Chrystal Jones outside of the Malden Wal-Mart.
The tax moratorium is expected to save Missouri families almost 9% in back to school purchases, that translates to nearly $3 million dollars in tax revenue.
The Missouri Legislature started the program in 2004, and across the state folks will be saving at least 4.225% in state sales taxes.
“It was the tax thing today, and my grandmother invited us to go shop. It's an annual thing with her,” said shopper Stacey Saltzman.
For families with multiple kids who are getting a lot, they appreciate the tax break.
“We bought everything they had in there I think,” laughed shopper Paula Saltzman.
The tax holiday lasts until Sunday. Some of the items in the program include clothing priced less than $100 dollars per item, shoes that are $100 per pair or less, laptop computers, printers and scanners.