US EditionBack to School: Florida's One-Month Sales Tax Holiday Starts Aug. 1. What to Know
FLORIDA, JUL 30 – Florida's tax holiday exempts sales tax on school supplies priced up to $50 and personal computers up to $1,500, lasting through August to ease family expenses, officials said.
- On Friday, Florida launches its back-to-school sales tax holiday, with DeSantis stating it helps families save during August. The holiday includes exemptions for various items.
- Aiming to empower parents, the policy cuts taxes on essential items, with Gov. Ron DeSantis stating, 'Proud to deliver additional sales tax holidays, including the Back-to-School Sales Tax Holiday that begins on August 1,' earlier this week.
- Eligible items include school supplies selling for $50 or less, learning aids up to $30, and personal computers and accessories costing $1,500 or less.
- Experts caution that benefits are limited and short-lived, as Katherine Loughead of the Tax Foundation stated, 'Studies show that sales tax holidays shift the timing of purchases much more than they increase the volume of purchases.'
- Alongside the back-to-school holiday ending on August 31, a permanent exemption on disaster preparedness supplies begins Friday, with the Second Amendment holiday running from Sept. 8 to Dec. 31.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
Florida’s school sales tax holiday to start on Friday
Florida’s back to school sales tax holiday will start on Friday, but some experts think the policy is a misguided one. The sales tax holiday will end on Aug. 31. Florida’s back to school sales tax holiday includes exemptions for several categories of items. They include school supplies selling for $50 or less such as binders, notebooks, pens and pencils, lunchboxes, clothing, along with shoes priced at $100 or less. Learning aids such as flash c…
Coverage Details
Total News Sources13
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
Factuality
To view factuality data please Upgrade to Premium
