Texas Is Having Its Tax Free Weekend!

News stations have been reporting that numerous states are canceling their Tax Free weekends, but do not get down just yet because (Drum roll please)...

TEXAS WILL STILL HAVE A TAX FREE WEEKEND!

What does this mean?  This means that many of the items you would buy for "back to school" for your will not be taxed. Items such as jeans, shirts, socks, tennis shoes, and sandals are all exempt from tax. There will be several items that are not exempt, like specialty items, such as cleats (soccer shoes), baseball pants, and most any sports related clothing.

Also, the items must cost less than $100.  The $150 pair of designer jeans will not be exempt from taxes.  Neither will those $200 designer tennis shoes, or $500 leather coat.

School supplies are also tax exempt like paper, folders, pens, and backpacks.

Here's the thing... the tax rate across Texas is 6.25-8.25%.  That means, when you spend $100, you'll save anywhere from $6.25-8.25.  That's not very much, right?  However, the majority of stores have sales on top of sales. With that, if a store is having a 40% off sale, that's like saving 48.25% instead!!

That's how you get the savings to add up. Don't share the secret though, save it for yourself! Shop where the sales are to get even more of a discount, and you'll spend wisely on this Tax Free Weekend.

When is it?  It's August 21-23, 2009. Be there or be square! If you need a list of items that will and will not be taxed check out this link here!

If you have nay tips that you want to share about this Tax Free weekend coming up, give us a shout back because we are here for you!