In New York, there is no state sales tax for clothing under $110 – currently only some counties do tax clothing – but that’s all going to change come Oct. 1 when the state tax on all clothing is reinstated.
The tax will last only six months and beginning on April 1, 2011, the tax will be rescinded on clothing that retails for less than $55.
The current plan is to raise the exemption level to $110 again in April of 2012
What are your thoughts on the issue?
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2 comments:
How did this get passed? I used to live in NY, bought a lot of clothes there... would have lost my mind trying to keep this stuff straight if they'd done this then! Boo! Hiss!
I know it seems like it will be a bit of a hassle for the smaller time retailers. I felt very bad for my friend that owns a store that could not even understand the new tax law.
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