Since Senator Bill Avery proposed a sales tax holiday on back-to-school items in Nebraska, you may be interested in knowing how Iowa handles their holiday. Here are the rules, along with a list of sample taxable and exempt items. For example, corsets are exempt, as are fur coats, riding pants, and tuxedos. Meanwhile, scuba gear, martial arts attire, golf gloves, and checkbook covers are taxable.
One of the rules strikes me as odd. That rule states: "Businesses cannot advertise that they will pay or otherwise absorb the sales tax on items that don’t qualify." Why not? If I run a business and I want to have a 10% off sale during the sales tax holiday, that's legal. But if I want to have a 5.5% off sale (or whatever the sales tax happens to be), that's illegal. Huh?
Several states have sales tax holidays on various items at various times of the year. You may want to read up on what other states are doing.
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Leave it to IOWA to leave us shaking our heads and mumbling “What the…” under our breaths (along with a few other words I can think of). Hopefully if this ever passes in NE, there will be a little more reason and rhyme.
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