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In 10 of the last 11 years, Massachusetts has had a sales tax “holiday” weekend in August, when goods priced up to $2,500 and normally subject to the state's 6.25-percent sales tax levy could be purchased tax free. Its purpose is to boost the retail industry, yet the issue always seems to come down to weeks or even days before that weekend when the legislature gets around to approving it. Last week, retailers pressed for another tax-free holiday on Aug. 15 and 16. But rather than having to wait for approval each year on Beacon Hill, or the “opt in” approach, what if lawmakers were to automatically allow an annual tax-free weekend unless it were to vote otherwise? Critics say it could detract from retail activity on the other 363 days of the year as shoppers wait for those two days. What do you think?
How should the Massachusetts legislature handle future sales tax “holidays?”
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