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A tax holiday may be granted to particular activities, [2] in particular to develop a given area of business, [3] or to particular taxpayers. [4] Researchers found that on sales tax holidays, households increase the quantities of clothing and shoes bought by over 49% and 45%, respectively, relative to what they buy on average. [5]
It's every shopper's favorite weekend of the year - tax free weekend is almost here in Massachusetts. This year, the sales tax holiday will take place on Saturday, Aug. 10 and Sunday, Aug. 11. For ...
Massachusetts has a 6.25% state sales tax on most goods (raised from 5% in 2009). There is no sales tax on food items, but prepared meals purchased in a restaurant are subject to a meal tax of 6.25% (in some towns voters chose to add a local 0.75% tax, raising the meal tax to 7%, with that incremental revenue coming back to the town).
This year, the sales tax holiday will take place on Saturday, Aug. 10 and Sunday, Aug. 11. For these two days, retail items under $2,500 purchased for personal use will be exempt from the ...
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Massachusetts Question 3, filed under the name, the 3 percent Sales Tax Relief Act, appears on the November 2, 2010 ballot in the state of Massachusetts as an initiative. The measure, if enacted by voters, would reduce the state sales tax rate from 6.25 to 3 percent. The measure was sponsored by the Alliance to Roll Back Taxes headed by Carla ...
Download QR code; Print/export ... Massachusetts Sales Tax Relief Act; P. ... This page was last edited on 4 October 2009, at 09:20 (UTC).
Put differently, a 6% sales tax amounts to roughly a 1% income tax rate for families in the highest income brackets, a 3% tax on middle-income families and a 4.5% tax on the poorest families.