Get ready for your clothing budget to take a hit. Starting tomorrow, Friday, October 1, 2010, afforable clothes in New York will become more expensive.
The state’s sales tax exemption for clothing and footwear costing less than $110 will expire. That means a 4-percent price increase starting tomorrow!
The tax was reinstated to help close the state’s budget deficit.
The exemption returns next April, but only for purchases less than $55.
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