YOU’LL BE ABLE TO GET SOME BACK-TO-SCHOOL BARGAINS THIS WEEKEND. NEW MEXICO’S ANNUAL TAX FREE HOLIDAY STARTS FRIDAY, AUGUST 3RD AND RUNS THROUGH SUNDAY. TAX EXEMPTED ITEMS WILL INCLUDE COMPUTERS UNDER A THOUSAND DOLLARS, SCHOOL SUPPLIES UNDER 30-DOLLARS PER ITEM, AND SHOES AND CLOTHING UNDER 100-DOLLARS PER ITEM.
THE NEW MEXICO TAXATION AND REVENUE DEPARTMENT SAYS THE TAX-FREE WEEKEND USUALLY COSTS THE STATE MORE THAN THREE MILLION DOLLARS A YEAR IN LOST REVENUE.
