Already? Virginia Back-To-School Tax Holiday Is This Weekend | WAMU 88.5 - American University Radio

WAMU 88.5 : Morning Edition

Filed Under:

Already? Virginia Back-To-School Tax Holiday Is This Weekend

Play associated audio
Virginia is offering a tax holiday on back-to-school items this weekend. 
http://www.flickr.com/photos/bloomingtonsalvationamry/4881829151/
Virginia is offering a tax holiday on back-to-school items this weekend. 

The Commonwealth's annual back-to-school tax holiday is this weekend and many retailers are expected to continue their tradition of absorbing the tax on other items. 

It's Virginia's most popular sales tax holiday and extends this year from August 3-5. Consumers can buy from a list of more than 36 eligible supplies priced at up to $20 each, ranging from calculators and notebooks to dictionaries and textbooks. Clothing and shoes with a price of $100 or less per item will also be sales tax-free. The Virginia Tax Department's Joel Davison says the same rule applies to internet shopping.

"If you look at the list, and if you're buying those things online, it's covered, it's tax-free, it's the same rules," says Davison. "It's a product-based exemption, not a use-based." 

Many retailers will also pay the tax themselves on ineligible items to entice consumers, he adds.

"Normally, it's illegal for a retailer to say, 'Come in and buy our wares. We'll pay the tax for you,'" he says. "But during this holiday, you're going to see some retailers put some things in their stores on sale maybe computers. You're going to see other big-box stores maybe put everything in their store tax-free. And if you're buying a thousand-dollar item, that's $50 savings right there."

The list of all qualifying items can be found at tax.virginia.gov.

NPR

Peru's Pitmasters Bury Their Meat In The Earth, Inca-Style

Step up your summer grilling game by re-creating the ancient Peruvian way of cooking meat underground in your own backyard. It's called pachamanca, and it yields incredibly moist and smoky morsels.
WAMU 88.5

Food Packaging & Pricing

Have you ever popped open a bag of potato chips only to be disappointed by the number of crisps in your bag? It's not just you. To avoid raising prices, companies often increase their "nonfunctional slack fill" or the difference between the volume of product and its container. We talk about how food packaging affects your recipe and wallet.

WAMU 88.5

Environmental Outlook: The Growing Fossil Fuel Divestment Movement

A look at the growing fossil fuel divestment movement.

NPR

Flood Maps Can Get Much Sharper With A Little Supercomputing Oomph

Entrepreneurs are turning to Oak Ridge National Lab's supercomputer to make all sorts of things, including maps that are much more accurate in predicting how a neighborhood will fare in a flood.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.