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AJC.com > Legislature > Blog > Archives > 2007 > January > 25 > Entry
DEL.ICIO.USBill would set sales tax “holiday”
The Atlanta Journal-Constitution
Georgians will get to shop without having to pay state sales taxes in early August under legislation filed Wednesday.
Rep. Lynn Ratigan Smith (R-Newnan), filed the bill setting the annual sales tax holiday on Aug. 2 though Aug. 5.
The “holiday” is aimed at back-to-school shoppers, allowing Georgians to buy school supplies, clothes and computer equipment without having to pay the state’s 4 percent sales tax.
The bill also would allow Georgians to buy energy efficient products with a sales price of $1,500 or less for home use from Oct. 4 through Oct. 7.
The sales tax holiday costs the state more than $10 million in lost revenue, but supporters say it is a popular way to make sure back-to-school shoppers make their purchases in Georgia, rather than traveling to nearby states with similar tax breaks.
Permalink | Comments (4) | Post your comment | Categories: Taxes
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Comments
By Kevin Priger
January 25, 2007 01:27 PM | Link to this
Great. But there are several things missing from this.
For example, school book purchases (we homeschool) which exceed $25.00 per book (most do) are currently 100% taxable.
Why doesn’t somebody put in wording to just exempt the “first” $25.00 of each purchase’s price from the sales tax. If I’d purchased 5 books at $24.99, I would have saved $7.50 in sales tax during the sales tax holiday. However, if these same books were each $25.01 I would have paid full sales tax for each.
Does that make sense?
By Shaun Lee
January 25, 2007 02:06 PM | Link to this
If you buy books (or anything else) online there isn’t any tax. Other than gasoline I haven’t purchased anything in a brick and mortar store in years.
By Mic
January 25, 2007 02:48 PM | Link to this
Shaun Lee, you must not have purchased many things online lately. Georgia does collect sales tax from online purchases. I frequently purchase books from barnesandnoble.com, and sales tax is added each time. I’ve noticed the tax on other online purchases I’ve made, too.
By john
January 25, 2007 03:09 PM | Link to this
Mic, you get charged tax because Barnes and Nobles has brick and mortar sites in Georgia. On the other hand, Amazon.com does not so there is no tax. If a company has a store, warehouse, etc. in Georgia, then tax has to be collected