Do's and Don'ts: WI sales tax holiday

Beginning midnight Friday through 11:59 p.m. Sunday, clothing items priced $75 or less, as well as school supplies and instructional materials priced $20 or less will be exempt from state sales tax.

You wonder whether North Carolina will have its own tax-free holiday weekend?

Qualifying items in Missouri include clothing and shoes under $100, school supplies under $50 per transaction, computer software under $350, and computers under $1,500.

Some cities and counties have opted not to participate in the tax-free weekend, meaning sales tax will still apply.

Wisconsin is joining several other states across the country in taking part in a sales tax holiday this year.

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The foundation says that studies by the Federal Reserve show the holidays do not promote economic growth or significantly increase consumer purchases; they just prompt shoppers to buy at a different time.

Shoppers get ready. Ohio's sales tax holiday is set for this weekend. Every year places like the Gulfport Premium Outlets gear up and offer even more sales on top of the already eliminated seven percent tax.

However, this year, she said, there are already middle-aged shoppers who are now shopping and looking to come back during the tax-free weekend to get additional discounts. Though state sales taxes were exempted on this holiday, local sales taxes were still applied. "It's going pretty good", she said.

What neighboring states still hold tax free holidays?

"I suspect someone will file a bill to add them back and I'll look at it again", Davis said.