Sales tax holiday in progress
NFIB State Director Brad Jones says this year’s sales tax holiday on certain back-to-school purchases, such as clothing, school supplies, and computers, comes at a crucial time for Missouri small businesses. According to NFIB Director in Missouri Brad Jones, the pandemic has ravished small business, with local mom and pop shops being forced to shut down and lay off employees because of lost revenue. He said that this weekend is a great window for Missourians to show their support to small business owners who give back to their community by creating jobs and contributing to Missouri’s economy. Lebanon Area Chamber of Commerce Executive Director Darrell Pollock agrees saying it’s also a great way to be able to afford more purchases……….
The sales tax holiday also applies to clothing….
According to a report by American Express, 67 cents of every dollar spent at a small business stays in the community. It also creates an additional 50 cents in local business activity as employees and owners purchase local goods and services. The sales tax holiday will continue through midnight Sunday.