Okla. shoppers, merchants prepare for tax holiday
OKLAHOMA CITY (AP) George and Tasha Willson have a new family tradition on the first weekend of August shopping.
The Willsons of Broken Arrow are among thousands of Oklahomans who are expected to crowd retail stores and shopping malls during Oklahoma's three-day back-to-school sales-tax holiday.
The holiday begins Friday and ends Sunday at midnight. It exempts from state and local taxes any article of clothing or footwear with a sales price of less than $100.
The sales-tax holiday has been in effect since 2007 and is similar to events in more than a dozen other states. The Oklahoma Tax Commission says Oklahoma shoppers saved almost $7 million in sales taxes during last year's holiday weekend.
The Willsons estimate they will spend up to $500 on clothing and shoes for their children.
Copyright 2012 The Associated Press