ATTLEBORO, Mass. (WPRI) – Lawmakers are considering not having the popular Massachusetts sales tax holiday this year.
Every year, shoppers have two days where they can buy items, such as jewelry, without being charged sales tax. Lawmakers want to do away with the holiday – while some store owners disagree because of the boost in business they say it brings.
Store owner Nancy Young said it’s a summer tradition she depends on.
“I think it’s really important because a lot of our customers look forward to it and they can get more for their money,” she said.
However, the Massachusetts senate president said the state loses $20 to $25 million by not collecting sales tax over the weekend. A budget shortfall has lawmakers considering getting rid of the holiday this year.
Young hopes to change the minds of state lawmakers.
She said that she gets four to five times as many customers on the sales tax holiday weekend and that her customers plan on not paying the 6.25 percent sales tax.
The sales tax holiday does not apply to cigarettes or anything that costs more than $2,500 dollars, but it does apply to other items like electronics and furniture.
Young is waiting anxiously for lawmakers to make their decision. However, she said that if there is no sales tax holiday this year, she may give her customers a 6.25 percent discount for the weekend so customers can still get the lower prices they were expecting.