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Education news and notes from Tampa Bay and Florida

Florida's back-to-school tax holiday: Is it worth it?

26

July

Florida reinstates its back-to-school sales tax holiday on Aug. 13-15 after two years off.

Florida retailers say families love it. But some experts question whether the tax break, being offered by a growing number of states, might not be the best idea, Stateline.org reports:

"The Tax Foundation, a conservative research organization, argues that sales tax holidays don't actually encourage shoppers to buy anything. Instead, shoppers purchase things they would've bought anyway, but on a different day. Retailers still benefit from the arrangement, says Mark Robyn, an economist with the nonpartisan group. “It's sort of like advertising a sale,” Robyn says, “but they don't have anything to give up.” "

What about you? Do you take advantage of the break? Does the 6 percent to 7 percent off make a difference in your shopping?

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[Last modified: Monday, July 26, 2010 3:35pm]

    

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