Tax Relief On Energy-Efficient Appliances
ATLANTA (WAOK)—Shoppers prepare to save money this weekend during Georgia’s second sales tax holiday of the year.
According to the AJC, shoppers will not have to pay sales tax on Energy Star or WaterSense items with a purchase of $1,500 or less. Gov. Nathan Deal said the purpose of tax-free purchases of energy saving products is to ensure and encourage shoppers to buy appliances that will possibly conserve some of the state’s resources.
Although the tax relief does not apply to all products labeled with Energy Star, most major products, such as washers & dryers, dishwashers, ceiling fans, air conditioners, and refrigerators are included.
WaterSense labeled products are also included in the tax-free holiday. Some of the purchases include high-efficiency toilets & urinals, sinks, and shower heads.
Ken Heaghney, Georgia’s fiscal economist, estimated this particular tax holiday to cost the state up to $ 2 million, where as the back-to-school tax free holiday was estimated at over $38 million.
Submitted by: Brent Yancy, Student Writer