Five-day sales tax holiday in Wisconsin begins
MADISON, Wis. (KMSP) - A five-day sales tax holiday is kicking off in Wisconsin as people start their back-to-school shopping.
The sales tax holiday lasts from Aug. 1 to Aug. 5 on certain items, according to the Wisconsin Department of Revenue. During this period the following items will not be taxed:
- clothing (sales price of each item must be $75 or less)
- computer for personal use (sales price of each computer must be $750 or less)
- school computer supplies for personal use (sales price of each item must be $250 or less)
- school supplies (sales price of each item must be $75 or less)
"Due to sound fiscal management and a strong economy, the state had almost a $400 million budget surplus," said Department of Revenue Secretary Richard Chandler in a statement last week. "Governor Walker and the Wisconsin State Legislature have determined that some of that surplus should be returned to taxpayers in the form of a sales tax holiday."
For more information about the sales tax holiday, click here.