NEW HAVEN, Conn. (WTNH) — Looking to save some money this week? Sunday marked the start of Connecticut’s sales-tax-free week.
Any item of clothing or shoes under $100 is sales-tax-free. Luxury items, like jewelry, however, are not included. State lawmakers passed this measure as part of an overall tax cut package for residents. Extra revenue coming into the state made it possible.
Debbie Jan, a business owner in North Haven, visited a local retailer to cash in on some savings.
“That’s why I came to buy more things, to take advantage of that today,” Jan said.
Out with her mom, 12-year-old Nina Fisicaro was looking to refresh her wardrobe.
“I love shopping, so I’m probably going to buy a lot of stuff,” Fisicaro said.
Over at Sneaker Junkies, owners said customers are ready to lace up. Mazen Najjar, owner of Sneaker Junkies, showed off some new kicks, noting that they “dunk high.”
“They retail at $100, so you will be getting them for one hundred dollars flat. It wouldn’t be $106.35 like it normally would,” Najjar said of the new shoes.
Najjar said purchases that are exempt from the state’s 6.35% sales tax don’t take money away from his business, but certainly, entice customers to spend more.
“It is effective for our customers, which is most important,” Najjar said. “They get to save money, which makes us happy, and makes them want to spend some more, so it works out for both of us.”
Caroline Olson, the owner of Pearls & Plaid in Old Saybrook, recently moved her business to Main Street. She said it was a great time to relocate because it coincides with the sales tax-free week.
“I think people save their bigger shopping purchases when they’re going to buy a couple of things, instead of one thing for this week, or an opportunity to buy their kids some clothes, their husband some clothes,” Olson said.
This week’s sales-tax-free week is in addition to the one typically held in August for back-to-school shoppers.
Lawmakers also suspended a 25-cent-per-gallon state gasoline tax from April 1 to June 30 to give motorists some relief at the pump.
This week of discounts, set to run through April 16, will cost the state $3 million in lost revenue.