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.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Family launches Billups Coffee with headquarters in Oxford
- Chris McDaniel responds to radio show audio clip
- ‘Just the beginning’ — Venture Technologies merging, acquiring companies
- Running luxury car dealerships, like Mercedes of Jackson, comes naturally to Trudy Higginbotham Moody
- Man indicted, accused of bankruptcy fraud
- Study: Mississippi has highest sales tax rate in U.S.
- Chaney drops lawsuit against National Flood Insurance Program
- Grenada native Donna Tartt wins Pulitzer Prize for 'The Goldfinch'
- Fight between county, insurer over courthouse fire continues
- Judge to rule on release of Kemper power plant data