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New Jersey ends annual 10-day tax-free shopping period, leading to 1% increase in school supply costs.
New Jersey has ended its annual 10-day tax-free period for back-to-school shopping, causing families to spend more on supplies.
The tax break, initially introduced in 2022, aimed to ease financial burdens during back-to-school shopping.
This year's state budget saw the holiday's repeal, coinciding with an estimated 1% increase in the cost of school supplies.
Families are now projected to spend around $850 on supplies and clothes.
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Nueva Jersey termina el período anual de compras libres de impuestos de 10 días, lo que conduce a un aumento del 1% en los costos de suministro escolar.