In The Know with Gino: Save Big on Back-to-School Shopping with TN’s Tax Holiday Relief for Families

Photo by Laura Rivera on Unsplash

CHATTANOOGA, TN – As the summer break nears its end, families all across Tennessee are gearing up for the back-to-school season. This year, Governor Bill Lee has extended a helping hand to hardworking Tennesseans by inviting them to take advantage of the traditional sales tax holiday from July 28th to 30th. This special weekend offers families the chance to save big on essential back-to-school items, making it the perfect opportunity to prepare for the upcoming academic year without breaking the bank.

Governor Lee’s commitment to responsible fiscal management has allowed the state to cut taxes and provide direct financial relief to taxpayers. The traditional sales tax holiday temporarily suspends both state and local sales tax for three days, meaning families can save up to an impressive 9.75% on qualifying back-to-school purchases. These savings can add up significantly, especially when shopping for clothing, school supplies, and even computers for the new school year.

For families living on a budget, this tax-free weekend can be a game-changer, offering a chance to make essential purchases without the added burden of sales tax. It’s the perfect opportunity to shop for new school clothes for the kids, stock up on school supplies, and invest in technology to support their learning journey. Whether it’s a shiny new backpack, notebooks, pencils, or laptops, the tax holiday ensures that every dollar saved goes right back into the pockets of hardworking Tennessee families.

Department of Revenue Commissioner David Gerregano is thrilled to be a part of this initiative, emphasizing the commitment to responsibly manage the state’s finances to deliver continued savings to taxpayers. It’s a partnership between the government and its people, ensuring that families can benefit from the fruits of the state’s strong fiscal stewardship.

Moreover, the traditional sales tax holiday is just one part of Governor Lee’s larger plan to deliver financial relief to Tennessee residents. The Tennessee Works Tax Act, hailed as the most significant tax cut in the state’s history, is in full swing. This includes a three-month grocery tax suspension, running from August 1st through October 31st, further lightening the load on family budgets during a time when children are settling into their new academic routines.

To make the most of this opportunity, families can start preparing their back-to-school shopping lists and look forward to substantial savings during the tax holiday weekend. Whether your kids need new uniforms, art supplies, scientific calculators, or laptops, the traditional sales tax holiday has got you covered.

Remember to mark your calendars for July 28th to 30th and take advantage of this fantastic opportunity to save on back-to-school shopping. Every Tennessee family is encouraged to participate and enjoy the benefits of this generous initiative. Make the most of the tax-free weekend and set your children up for a successful and productive school year. Happy shopping!

SOURCE: Chattanoogan