Retailers hoping for boost from sales tax holiday
ACROSS MISSISSIPPI — Mississippi’s sales tax holiday takes place at the end of the month, and some merchants are expecting a boost in business.
National Federation of Independent Business state director Ron Aldridge says increased sales will help small business owners still recovering from the recession. Aldridge says businesses along the coast that have been impacted by the oil spill will also benefit from the sales event.
During the weekend of July 30-31, clothing and shoes under $100 are exempt from the state’s 7 percent sales tax.
Aldridge’s organization supported legislation creating the state’s first sales tax holiday in 2009.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Top 40 Under 40
- Bids on reworking Interstate 55 stretch are rejected
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- CFPB wants repay ability at center of new payday loan rules
- MDA to close all its regional offices
- Top 40 Under 40 (digital magazine)