Local retailers talk about proposed sales tax holiday

GULFPORT, MS (WLOX) - Some retailers in South Mississippi hope the incoming president will support nationwide tax exempt shopping days next year. Earlier this week, the National Retail Federation asked President-elect Barack Obama to add several sales tax exempt days to his stimulus package.

The trade association wants a total of 30 days in 2009 with 10 days each in March, July and October.

Shane Ramchandani is the owner of New York Hi Style in Gulfport, a men's clothing store. He says he's likes the general idea but some adjustments.

He would like to see the same number of tax free shopping days, but in the form of three days at ten different times throughout the year. He says holidays and special occasions like prom and graduation seasons would be perfect times.

Ramchandani said, "They will be relieved to know that every festival for three days, say like the way the holiday falls in, they get encouraged to do more shopping for themselves and children."

The National Retail Federation estimates sales tax free holidays would save consumers about $20 billion, or $175 per family.