Quantcast

Customers Now Get a Tax Break for Buying Clothes

Say Revived Exemption Will Save Millions

Assemblyman Mike Miller announced that New York State has once again removed the four percent state sales tax on clothing, footwear and related items sold for less than $110 each as of last Sunday, Apr. 1.

Assemblyman Mike Miller (second from left) announced the revival of a sales tax exemption for clothing purchases under $110 during an appearance at Karako suit store in Woodhaven last Monday, Apr. 2. Among those pictured with Miller are Maria Thomson (third from left), executive director of the Greater Woodhaven Development Corporation and the Woodhaven Business Improvement District, and Rob MacKay (fourth from left) of the Queens Economic Development Corporation.

“This savings is good news for hardworking families and local businesses- and it can’t come at a better time,” Miller said. “While the economy is slowly regaining its strength, working- and middle-class families are still getting back on their feet. The sales tax cut-which will save taxpayers $210 million-will provide much-needed help with clothing and footwear expenses.”

The tax-free offer applies to all relevant items purchased in person, over the Internet, by phone or by mail. This will be the second consecutive year for the program, with the qualifying amount for the exemption doubling over last year.

In 2011, it applied to apparel at or below $55.

“This program was a huge success last year,” Miller said. “By doubling the amount this year, we are providing further relief at the registers for shoppers, giving them more bang for their buck. Plus, more shoppers mean more business for New York retailers, like Karako’s. “

Local economic development leaders are equally pleased. “With more than 45,000 diverse businesses stretching from bustling Downtown Jamaica to busy Main Street in Flushing to the high-volume Queens Center Mall in Rego Park, the borough is a great place to shop,” added Queens Economic Development Corporation Executive Director Seth Bornstein. “And with the removal of the state sales tax, there is another great reason to visit our clothing and footwear stores. Enjoy the fantastic merchandise and enjoy the savings.”

The sales tax cut is estimated to save taxpayers $210 million. It will also provide businesses with an influx of customers, including shoppers from neighboring states like New Jersey, Connecticut, and Pennsylvania, Miller noted.

For more information on the sales tax exemption, visit the New York State Department of Taxation and Finance website, www.tax.state.ny.us.