What You Can, Can't Buy On Tax Free Weekend

7:22 PM, Aug 3, 2011   |    comments
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Greensboro, NC -- North Carolina's tax free weekend is just days away.

You already know you can get your kids' school supplies tax free. But, there are other things you might not have thought about. Did you know you can get goggles tax free from Saturday August 5 to Sunday August 7? What about a life vest? Or ski boots? Or a wedding veil? Not mention rollerskates, baseball gloves and most clothing under $100.  All of that is tax free this weekend.

While you can buy a baseball glove, an actual baseball isn't tax free.  A helmet is tax free, but a bike is not.  A Halloween costume is tax free, but a mask sold separately is not included in this holiday.

Here's a full list.

Tax Free: Good or Bad?

Saving money during tax free weekend is a good thing, right?

It's up for debate because, it's good for you, but it's not great for the state's bank account.

North Carolina loses about 12 million dollars in tax revenue on tax-free weekend.

At least one state lawmaker wants to take another look at whether tax-free weekend is worth it. Senator Richard Stevens (R - Wake County) thinks it's time for an in-depth study.

"What does it mean for the economy of the state versus what does it mean for the loss of revenue and if it's more loss of revenue than gain we ought not to continue the program," said Stevens.

One Triad representative told us the state could lose business to South Carolina if we get rid of tax-free weekend. A couple other representatives think it might be worth reviewing the costs and benefits. But, all seven we heard back from think tax-free weekend saves families money and helps businesses.

WFMY News 2

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