Griffo: New Yorkers to See Benefit at Cash Registers Tomorrow
(Utica)- State Senator Joseph A. Griffo (R-C-IP, Rome) today reminded that consumers and businesses will soon see a welcome relief at the cash register.
Beginning Sunday, April 1, 2012 clothing, footwear and related items sold for less than $110 each will be exempt from the State’s 4% sales tax. Griffo said that the new tax cut will save a 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."
Griffo said that the elimination of this sales tax is estimated to save New York taxpayers $210 million.
[attached] list of eligible items from the Department of Taxation and Finance
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