New state sales tax exemption on clothing now in effect
The new state sales tax exemption for clothing is in effect.
As of April 1, consumers will now see the four percent sales tax exempted from the purchase of a clothing item up to $110 in price. Previously, the exemption was for items selling at up to $55.State Senator Joseph Griffo (R-C-IP, Rome) said that the elimination of this sales tax is estimated to save New York taxpayers $210 million, while the cut would save the average New York family of four about $200 a year.
"When family budgets are strained to the max every little bit helps and it can’t come at a better time. While the economy is slowly regaining its strength, families are still struggling," Griffo said.
"The four-percent state portion of the sales tax was eliminated in an effort to help consumers save money while bringing in additional revenue to stores throughout the state."