Vermont's Sales Tax Independence Days 2008
The State of Vermont has declared two sales tax holidays intended to give Vermont’s economy a boost and Vermonters a much-needed summer bonus.
Sales Tax Independence Days
The first sales tax holiday – which Governor Jim Douglas has dubbed “Sales Tax Independence Days” – takes place on July 12th and 13th. All non-business purchases of items up to $2,000 will be exempt from state sales tax except automobiles and vehicles.
Be an Energy Star Tax Holiday
The second tax holiday is from July 14th through 18th, and it applies specifically to Energy Star-rated appliances costing $2,000 or less. (For more details on the two tax holidays see our Frequently Asked Questions (FAQ) list.)
“These sales tax holidays are really a win-win-win,” Governor Douglas said. “We boost Vermont’s economy, provide a measure of relief to hard-pressed residents, and encourage investment in long-term energy conservation.”
To add to your savings we've got some money savings tips from Vermont's retailers for the tax holiday. In addition, many retailers will be participating in the Sales Tax Holiday Food Drive, in partnership with the Vermont Food Bank. So, support the drive and bring a non-perishable food item along to help others.
In a state known as the greenest in the country, encouraging Vermonters to spend money buying a new dishwasher or clothes drier might seem counterintuitive. But encouraging people to buy “green” appliances will save electricity, their electricity bills and help stimulate Vermont’s economy.
Efficiency Vermont funds programs to help consumers and businesses reduce their energy usage by investing in equipment or other measures that can cut electric use. One of those programs is a rebate program that provides consumers with vouchers that can be redeemed for cash rebates on Energy-Star rated appliances.
“Not only do we get a short-term benefit, but all Vermonters share in the savings generated by lowering electric demand,” Governor Douglas said. “The energy star sales tax holiday can also be combined with existing Efficiency Vermont rebate programs to further encourage Vermonters and others to purchase these appliances and reduce their electricity bills.”
By replacing an older, inefficient clothes washer or air conditioner with a newer model that uses much less electricity, we reduce overall electric demand in Vermont. That benefits everyone.
Efficiency Vermont has partnered on the Sales
Tax Holiday and will be promoting the additional rebates they will make available.
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