New York Shoppers Enjoy New Tax Holiday


The price tags haven’t changed, but customers in New York began paying less at the cash register Friday.

New York State rolled back its 4 percent sales tax on clothing and shoes that cost less than $55.

It’s good news for shoppers and retailers. Sammy Salem, who manages Shoemania in Union Square, said his business suffered since October when the state temporarily suspended the popular tax break program to help close a massive budget gap.

The Big Apple was following the state’s lead, meaning for shoppers, the price you see is the price you pay. In many other areas however, including Westchester County, local taxes totaling 3 or 4 percent will still be added to the total.

Until last October, clothes and shoes under $110 were exempt from the tax. Lawmakers said they’ll raise the limit back to $110 next year.

(Source: WCBSTV)