Franchot promotes Tax-Free Week
CAMBRIDGE — The annual Shop Maryland Tax-Free Week began Sunday, Aug. 14, and features tax-free sales on clothing and shoes that are individually under $100.
Gov. Larry Hogan joined Comptroller Peter Franchot in Frederick Wednesday, Aug. 10, to promote taxfree week, which concludes Saturday, Aug. 20. Franchot also made a stop in Cambridge on Friday, Aug. 12, to discuss the important of the annual shopping incentive.
“August is traditionally the slowest shopping month,” he said. “This forgiveness, waiver of the six percent sales tax on clothing and shoes as proven to be a great incentive to get shoppers back into stores. It is becoming the second busiest shopping week of the year after Christmas.
“I would recommend to families for back to school shopping to take advantage of it,” he said. “It can add up pretty quickly. Any item of clothing as long as they are individually under $100, you don’t have to pay the six percent sale tax.”
Franchot said the week gets everyone in a great shopping mood while exploring the many businesses in Maryland.
“I tell everyone looking for a deal to come on down and shop at these wonderful Maryland stores,” he said. “It really helps them because it gets people back in the mood for shopping. It spills over after Labor Day, and into October and November and along comes Christmas. It is very good for the state’s economy.
“I’m delighted Gov. Hogan will join me to let Marylanders know about an opportunity to keep more of their hard-earned money as they shop backto-school sales for their children or themselves,” he said. “A break on the cost of clothing and shoes can make a real difference and help stretch family budgets. Local retailers also benefit with increased foot traffic.”