This year’s sales tax holiday on back-to-school supplies and clothes comes at a critical time for Texas’s small businesses, says NFIB State Director Annie Spilman.
“It’s been a difficult spring and summer for independent retailers because of the coronavirus,” Spilman said. “That’s why we’re encouraging people to shop small and shop local this weekend. They’ll find some great deals, and they’ll also help the businesses that do so much for their communities.”
According to a report by American Express, 67 cents of every dollar spent at a small business stays in the community. It also creates an additional 50 cents in local business activity as employees and owners purchase local goods and services.
“Without our support, some of the small businesses that had to close temporarily because of the coronavirus could end up having to close for good,” Spilman said.
This year’s sales tax holiday on clothes, backpacks, and school supplies is Aug. 7-9.
To learn more, visit the Texas Comptroller’s website at http://comptroller.texas.gov.
The National Federation of Independent Business is the nation’s leading small business advocacy organization. To learn more about NFIB in Texas, visit www.NFIB.com/TX and follow the Texas office on Facebook and Twitter.
About NFIB
For more than 75 years, NFIB has been the voice of small business, advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member-driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit www.NFIB.com.
