New Yorkers looking to update their wardrobe for spring
are in luck.
Starting Sunday, the state is raising its tax exemption
for clothing and shoe purchases from $55 to $110.
Any purchase under $110 won't be hit with the state sales
tax of four percent or the MTA tax of .375 percent.
Clothing and shoe purchases up to $110 are already exempt
from the city's local 4.5 percent sales tax.
That means on a $100 purchase, there would be a savings
of $8.88.
The state tax holiday will run for one year.
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