Sunday is the final day to cash in on the tax holiday in Massachusetts.
For many store owners across the Bay State, this weekend is busier than Black Friday. The Retailers Association of Massachusetts says this year, because consumers are cautious about inflation, shoppers are expected to see discounted prices.
"The consumers have an important opportunity to, number one, give themselves a tax cut with the suspension of the sales tax, but also, given the fact that stores have a lot of inventory, you're going to see a lot of slashing of prices," said Jon Hurst, president of the Retailers Association of Massachusetts. "You're going to see prices and competition to get consumers through the door in the first place."
During the weekend, most items are not subject to the 6.25% sales tax, except for any single item that costs more than $2500. Vehicles, boats, tobacco and marijuana products, alcohol, food and utilities are also excluded from the tax holiday.
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