Ohio Sales Tax Holiday Cuts Back To School Expenses For Parents
Ohio parents doing some back to school shopping over the weekend will be getting a break from the state’s sales tax. Starting Friday, the 5.75% sales tax will be waived for purchases including clothing priced at $75 per item or less, school supplies up to $20 and school instructional materials up to $20.
State Representative Niraj Antani (R-Miamisburg), says a study of the first sales tax waiver in 2015 shows the holiday “generated an extra $4.7 million.” He also says Ohio consumers saved about $3.3 million dollars on those purchases.
“It’s a tax cut for working families who are going back to school with their kids but also a boost to retailers who in recent times have been struggling a little bit in August, which is usually a slow month," he said. "And so, you know it’s a win-win for everybody. We hope people take advantage of it and we really think that it will become a Black Friday-like weekend as more and more people learn of the holiday that now is permanent.”
The sales tax holiday that began Friday, August 3 runs through Sunday.