MILFORD- With Milford children head back to school on August 28th, State Reps. Pam Staneski (R-119) & Charles Ferraro (R-117) wanted to remind town residents to take advantage of the upcoming ‘Tax-Free Week.’
From Sunday, August 20 to Saturday, August 26, Connecticut residents will enjoy a sales tax holiday on purchases of clothing and footwear under $100.
Additionally, legislators are reminding students returning to college, that if they have a valid college ID, their college textbooks are exempt from the state 6.35% sales tax.
“This is a perfect time for everyone; families and senior citizens alike, to pick up the clothing and shoes they need and save an additional 6.35%. It is unfortunate that we can only give our hard-working taxpayers this once a year benefit, so we urge you to take advantage of it as much as possible!” Rep. Staneski said, “And if you really want to help out our economy please consider shopping and buying local.”
“Connecticut residents and businesses are overtaxed, and this week provides residents with a much-deserved tax break for hard working families,” said Rep. Ferraro. “I encourage all Connecticut residents to take advantage of this week and visit local shops. I will continue to work to provide greater tax relief throughout the year.”
Both Milford lawmakers mentioned that the House Democrats in the General Assembly have put forward a state budget proposal that would raise the current 6.35-percent sales tax to 6.99 percent. Additionally, the Democratic plan would also give towns and cities local options for raising revenue by voting on 1-percent surcharges on food and beverages.
This plan by the majority party is just the latest to hit the middle class. Over the last few years, Democrats have lowered the threshold from $300 to $100 giving less of a benefit than in the past.
Everyone should also be aware that, even though this great bit of retail stimulus is timed to coincide with ‘Back to School’ and good values will be advertised and offered by local and national retailers, purchases are not limited to school clothes.
Tax-Free Week was first enacted in 2000, and applies to most clothing and footwear purchases that are intended for everyday use. Goods not covered under the program include items that are solely intended for use in sporting activities and accessories such as jewelry, watches, handbags, and wallets. By law, Tax-Free Week is to run from the third Sunday in August to the following Saturday.
For more information go to the Department of Revenue Services website: http://www.ct.gov/drs.