Infographic: Save with the Back-to-School Sales Tax Holiday This Weekend
Statement from Dominic M. Calabro, President and CEO of Florida TaxWatch, the independent, nonprofit, nonpartisan taxpayer research institute and government watchdog.
“This weekend from August 1-3, Floridians will save nearly $40 million in taxes while they shop tax-free for back-to-school supplies. Florida families can purchase clothing, school supplies, and even computers up to $750 tax-free.
“As a taxpayer watchdog, Florida TaxWatch has long supported sales tax holidays in Florida. They are a great way to lower the tax burden and provide broad-based relief for hardworking Floridians. Since 1998, the back-to-school sales tax holiday has saved Florida taxpayers $407.6 million.
“This year’s savings are a small part of a nearly $500 million tax cut that the Governor and Legislature supported this year to provide tax relief to hardworking Floridians. While other states are providing tax breaks to wealthy shareholders, Florida leaders are committed to sharing tax cuts for average Florida families.”
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Florida TaxWatch is a statewide, non-profit, non-partisan research institute that over its 34-year history has become widely recognized as the watchdog of citizens’ hard-earned tax dollars. Its mission is to provide the citizens of Florida and public officials with high quality, independent research and education on government revenues, expenditures, taxation, public policies and programs and to increase the productivity and accountability of Florida state and local government. Its support comes from homeowners and retirees, small and large businesses, philanthropic foundations, and professional associations. On the web at www.FloridaTaxWatch.org.