|Sales tax holiday coming up |
|Posted: Monday, July 30, 2012 12:09 pm |
|Tennessee’s upcoming sales tax holiday will be a big help to families and small businesses still recovering from the recession, according to Jim Brown, state director of the National Federation of Independent Business. |
This year’s tax holiday is Friday through Sunday.
“The sales tax holiday is like the day after Thanksgiving,” Brown said. “It gets people fired up and in the mood to shop, and that’s exactly what our economy needs right now.”
Working on behalf of its 8,500 members, NFIB/Tennessee supported legislation creating the sales tax holiday in 2006.
“The more we can increase consumer spending at our small businesses, the more jobs we save and the faster our economy will recover,” Brown said.
Small business is the engine that drives the Tennessee economy, accounting for 97 percent of all state employers and employing 45 percent of the state’s private-sector workforce.
To learn more about the sales tax holiday, visit the Tennessee Department of Revenue’s website at https://news.tn.gov/node/9224.