Spring Tax-Free Holiday Offers Savings - NewsChannel5.com | Nashville News, Weather & Sports

Spring Tax-Free Holiday Offers Savings

NASHVILLE, Tenn.- How would you like to save a little money?

Hitting the stores this weekend in Tennessee will help.

A special one-time April sales tax holiday starts at 12:01 a.m. Friday, and ends at 11:59 p.m. Sunday.

Tennesseans pay some of the highest taxes in the nation.

"I'm so pleased that the General Assembly seized the opportunity to act in the interest of Tennessee families by granting a second sales tax holiday in 2007," said Gov. Phil Bredesen, in a news release. "As a result of common sense budgeting, this and other sales tax holidays in the future will be possible."

This weekend, Tennesseans may buy selected clothing, school supplies and computers without paying state and local sales tax on the items. Clothing and school supplies $100 and under and computers that cost $1,500 or less are exempt from tax during the holiday.

Almost 10 percent sales tax is dropped on certain items. 

Nathan McRady has four kids at home, all clamoring for a computer. 

He's researching which one he'll buy during the tax-free weekend.

"The Tennessee sales tax is pretty stiff when it comes to buying stuff so any kind of break you can get when you're buying stuff for your family is definitely an asset," McRady said.

He's not the only one hoping to save.

Shoppers filled Best Buy Thursday looking for tax-free computer deals.

"They know obviously tax free is this weekend so they're kind of getting an idea of what they want, what we have in stock," said Bryan Zudel of Best Buy. "We're trying to let them know we have a lot of stock and if not, we can get it."

Several stores are taking pre-orders.

The Apple store in the Mall at Green Hills and the CompUSA stores in the area allow customers to call in and tell them what they want, but they have to pick up the merchandise during the weekend.

Clothes are the other big item that will be tax free starting Friday.  That's what Lisa Strickland and her son, Carlyle, were looking for at a Target store.

"We have Carlyle and we have a 6-year-old daughter as well who's going to be going into first grade next year, so it's going to be a tremendous help," said Lisa Strickland of Bellevue. "I could save close to a couple hundred dollars, so I am thrilled about it."

It is a help for shoppers and retailers.

"It does give us a boost, a very much welcome boost," said Target store manager Ricky Taylor. "The stores have all beefed up for that."

This first-ever spring time tax-free holiday will save shoppers almost $10 for every $100 spent on selected items.

But that'll mean less money coming to the state.

"It actually cost us about $15 million in August," said Deputy Revenue Commissioner Glen Page. "We're not sure it'll be that much in April, but it was that much in August."

And if pre-sale excitement is any indication, experts predict a big shopping weekend in Tennessee. 

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