The INDsider -> Leslie Turk FRI, AUG 7 10:31AM by Leslie Turk

Sales tax holiday today and Saturday

The Louisiana Sales Tax Holiday, which provides an exemption from state sales tax on the first $2,500 of the purchase price of most individual items, is today and through midnight tomorrow. You must pay state sales tax on the portion of the purchase price of any item in excess of $2,500.

The holiday applies to the 4 percent state sales tax, but not apply to the sales taxes levied by parishes, municipalities, school boards, and other political subdivisions of the state.

The Legislature set by the holiday for the first consecutive Friday and Saturday of August annually.

Merchants across the state are offering additional discounts to stimulate the economy.

For more info on the shopping incentive, click here.

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written by Julie , August 07, 2009 - 06:58 pm

I think the tax holiday is great, but I'm finding better deals online. For instance, I saved quite a bit this year by looking for many of the basics (like backpacks and clothing) on the web. Most online retailers mark down their already low prices pretty dramatically on this stuff. To cut down on costs this year, I made a list of the back-to-school items I needed for my family and am using a free shopping service called ZingSale.com to let me know when any of them go on sale.

http://www.zingsale.com

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written by BarfGagWheeze , August 07, 2009 - 11:59 pm

Let's reduce the state sales tax, instead of these "holidays".

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