Aug 22, 2013
The week-long tax break for clothes and shoes under $100 wrapped up last weekend, and Franchot said during Wednesday’s Board of Public Works meeting the temporary tax break came as a relief to Maryland families, especially those with children preparing to go back to school.
With the students in mind, Franchot said eligible merchandise ought to be expanded to include back-to-school items such as backpacks.
“Other states do that and I think it would be equally well received and successful” in Maryland, Franchot said.
Franchot’s office estimates that the state forgoes $5 million in tax revenue during the sales tax holiday but drums up lots of business for local retailers.