|
By Nancy Tipton
|
|
Wednesday, 30 July 2008 23:22 |
|
Tax-free holidays begin Friday; expect crowds
State officials say New Mexico families are expected to avoid an estimated $4.6 million in taxes this weekend. No tax will be levied on purchases of some clothing, school supplies and computers. The tax-free holiday starts at 12:01 a.m. tomorrow and lasts until 11:59 p.m. Sunday. Although billed as a back-to-school tax break, the holiday is not limited to shoppers with school-age children. An individual can benefit if they buy items covered by the tax holiday at a retailer that participates in the program. Susan Stiger outlined the program in this story .
|