- We are now in our 12th annual celebration of the consumer's best holiday of the year. It's the weekend when apparel purchases are sold to consumers without the state & municipal govts. imposing(extorting) a tax of 8-10% in most locales.
The more disciplined consumers are beginning to catch on and save their scheduled shopping until the annual holiday. In preparation for the event, the Oklahoma Tax Commission has published a set of frequently asked questions. We've posted them in this article, at the bottom of the page.
Imagine the impact on global markets when the US Dollar spikes in money market exchanges by nearly 10%. The national economy gets a boost but exports suffer, as a result. This event has no such downside except in it's impact on sales prior or after the tax holiday weekend.
Some of the floor debate over the 2007 law was based on the cost of back-to-school shopping, which had gotten outrageous when many public schools mandated a dress code which required school uniforms without exception.
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from 3D Politics Live
