Sales Tax Exemption Expanded
Word from Assemblyman Phillip Goldfeder is that New York State lawmakers have granted some much-needed tax relief for our hardworking families. Beginning April 1, any clothing, footwear or other related items sold for less than $110 will be exempt from the state’s 4 percent sales tax. The qualifying amount for the exemption has doubled since last year, when it applied only to apparel at or below $55.
According to the Assemblyman, while the economy is slowly regaining its strength, working- and middle-class families are still getting back on their feet. The sales tax cut will provide much-needed help with clothing and footwear expenses.
“For our local businesses, this exemption couldn’t come at a better time. An influx of customers, including shoppers from neighboring states like New Jersey and Pennsylvania that come to our state to enjoy the tax-free break will provide a boost to the local economy. The exemption will apply to all relevant items purchased in person, over the Internet, by phone or mail.
“While we are taking a step in the right direction with this sales tax exemption, our working families and local businesses need more to be done. I’ll continue working to ease the financial burden for Rockaway and Southern Queens families and get our local economy back on track.”
For more information on the sales tax exemption, visit the New York State Department of Taxation and Finance website at www.tax.ny.gov. Says a spokesperson, if you have any questions about this or any other community issue, feel free to contact Goldfeder at 945-9550 or email him at goldfederp@ assembly.state.ny.us.