By Bob Katzen
The Senate 5-34, rejected an amendment that would establish a 2-week sales tax holiday, from August 6, 2024 to August 19, 2024, allowing consumers to buy most products that cost under $2,500 without paying the state’s 6.25 percent sales tax. State law currently calls for a 2-day sales tax holiday every year.
“There is no doubt that Massachusetts residents and small businesses are feeling the weight of inflation,” said Sen. Ryan Fattman (R-Sutton). “By giving a 2-week tax reprieve through an extended sales tax holiday, we provided families and individuals an opportunity to make purchases without the added burden of taxes which also helps small businesses.”
Amendment opponents said the Legislature has provided extensive tax relief in recent years and argued the 2-week holiday would cost $210 million which the state cannot afford. They noted that current state law already provides a 2-day sales tax holiday annually. They noted that extending the holiday is more of a feel-good policy that does little to help families. They noted the extension would actually generate little additional revenue for stores because consumers typically buy the products even without the tax-free days.
(A “Yes” vote is for the 2-week sales tax holiday. A “No” vote is against it.)
Sen. Patricia Jehlen No