Saving You Money
"They're expected to have the supplies when they show up for school which is a pity because I understand the weekend after is the tax free holiday on it," says grandparent David Poore.
Metro schools start back August 1. The tax free holiday this year is August 3-5, but the State Revenue Department says don't blame us.
"The sales tax holiday in Tennessee is legislatively scheduled for the first full weekend of August and that's inclusive of the Friday, Saturday and Sunday," says Billy Trout with the Tennessee Department of Revenue.
People who live in most other Midstate counties will still get to cash in because their schools start back after the holiday. It's a tough pill for people like Sandy Schwarcz, who's trying to help her grandsons find the perfect backpack.
"Absolutely because 10% is a lot of tax," says grandparent Sandy Schwarcz.
There was some conversation among state lawmakers about pushing the Tennessee sales tax holiday back a few weeks. One bill would have pushed it back a week and another 2 weeks, but both died before ever coming up for a vote. The good news is the sales tax holiday applies to computers less than $1500, including tablets. There's a $100 limit on clothes, enough to get a designer gown at David's Bridal. If you're really on a budget, we found another gown for $78. If you can wait a few weeks, it'll be tax free. While it's scheduled to help families get back to school, the tax free weekend is for everybody. For more on what's exempt and what isn't, go to Fox17.com, click on FOX LINKS and look for TAX FREE HOLIDAY.
Saving You Money Videos
Asia stocks rise as Fed official backs easy policy
BANGKOK (AP) -- Asian stock markets were mostly higher today after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: TEENS MOVING TO TWITTER TO DODGE PARENTS, OTHER BORES
WASHINGTON (AP) -- If you're one of those parents who are on Facebook in part to keep an eye on what your kids are up to -- here's a news flash: your kids are on to you and have moved to Twitter.
DOG BEACH WEAR
LOS ANGELES (AP) -- From bikinis to Hawaiian shirts -- it's time to gear up for the beach.