Monday, March 12, 2018

In new bill, Baker seeks a guaranteed tax-free weekend for retailers

Biz Journals

Gov. Charlie Baker has put forward an economic development package that would set aside one weekend annually to be free of sales tax, instead of allowing lawmakers to choose each year whether to hold the tax-free holiday.

Most years, Massachusetts lawmakers declare one summer weekend free of the tax, driving customers to stores and giving a boost to the state’s retailers. But lawmakers have not approved the holiday each of the past two years because of a budget crunch, drawing fierce criticism from a retail sector that says it’s losing significant business to online retailers that do not collect any sales tax.. . . more