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LIPols remind us that Clothing Sales-Tax Exemption Begins on April 1

Mon, Mar 26, 2012

Nassau, News, News, Press-Releases, Suffolk

Starting April 1, no state sales tax on clothing and footwear under $110

New York’s sales-tax exemption for clothing and footwear priced under $110 will be reinstated on April 1.  A driving force behind last year’s successful push to eliminate this tax in order to stimulate sustained business growth and ease this financial burden on residents, Murray said he is pleased to see this exemption continued another year.

Conte

“With the rising cost of goods and services, families across Long Island are seeing their family budgets strained to the max,” said NYS Assemblyman Jim Conte (R, I, C, WF-Huntington Station), an ardent supporter of a lower tax rate to stimulate business growth, who is pleased to see this restriction on both companies and consumers being lifted.. “By reinstating the exemption on clothing, lawmakers are helping to provide needed relief to families, which will be especially helpful for parents purchasing back-to-school clothing for their children next fall.”

Murray

A driving force behind last year’s successful push to eliminate this tax in order to stimulate sustained business growth and ease this financial burden on residents, Assemblyman Dean Murray (R,C – East Patchogue) said he is pleased to see this exemption continued another year.

“The sales-tax exemption is not an April Fools’ joke, but a real savings for all New Yorkers,” said Muray. “With the escalating prices of necessities like groceries and fuel, our residents can use every bit of extra money in their pockets and reinstating this exemption is a way to accomplish that.”

Ramos

“Eliminating the 4% state sales tax is great news for local businesses and hardworking families in Suffolk County,” Assemblyman Phil Ramos (D-Central Islipsaid. “While our economy is slowly but surely getting back on track, many local families are still struggling. This sales tax cut will provide much-needed help with clothing and footwear expenses.”

Doubling the qualifying amount for the sales tax exemption gives shoppers more bang for their buck,” Assemblyman Ramos added. “This incentive is a win–win, as it will help keep more customers here in Suffolk County.”

Thiele

Assemblyman Fred W. Thiele, Jr. (I, D, WF-Sag Harbor) stated in a press release that this savings is good news for hardworking families and local businesses – and it can’t come at a better time. The sales tax cut – which will save taxpayers $210 million – will provide much-needed help with clothing and footwear expenses and can help boost our local economy.

The State’s year-round four percent clothing and footwear sales tax exemption was first made permanent on March 1, 2000. Since then, the exemption has been repealed and reinstated on several occasions. In last year’s budget, Assemblyman Conte voted to reinstate the exemption and is hopeful that this time, the tax break will be made permanent to provide lasting relief to Long Island families.

The sales-tax exemption was first implemented on April 1, 2011, and was due to expire on March 31, 2012. Some exceptions apply, depending on whether a local tax on clothing and footwear is still in place. For further details, please visit the state’s taxation and finance web site.

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