Tax exemption kicks in on clothes, footwear up to $110

New York residents will get a reprieve beginning today on the four percent sales tax for clothing and footwear if they buy items costing less

NEW YORK - New York residents will get a reprieve beginning today on the four percent sales tax for clothing and footwear if they buy items costing less than $110.

A sales tax exemption had originally been put in place a few years back, but the state lifted it in October 2010 to raise revenue for the faltering economy.

The tax exemption is part of the state's $132.5 billion budget, which was negotiated by Gov. Andrew Cuomo and the Senate Republican and Assembly Democratic majorities. Increases spending by 1.9 percent and addresses a nearly $2 billion deficit.

advertisement | advertise on News 12

Trending Video

News 12 hit the streets of Brooklyn to 1 Word on the Street: Leggings on a plane
Police have released surveillance video of a suspect 2 The Buzz: Brooklyn deli shooting suspect
Police say Jeffrey Rice, of Huntington Station, snuck 3 Man faces new charges in Thanksgiving home invasion
The players gave out Nets gift bags, signed 4 Brooklyn Nets players surprise cancer patients
Eligible Brownsville residents have until May 24 to 5 Housing lottery deadline in Brownsville quickly approaching

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE