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Happy ‘Freedom Week’

by The 100 Companies
freedom week tax holiday

Florida is adding a new sales tax holiday to its repertoire this year.

“Freedom Week” runs July 1-7. It will give Floridians a sales tax break on concert tickets, admission fees, bicycles, gym memberships and a slew of outdoor gear, from sunglasses to safety flares.

Lawmakers say the holiday is aimed at shaking off pandemic-era cabin fever over the Fourth of July weekend.

The sales tax holiday is projected to reduce state and local tax revenues by about $55 million. It was part of a tax-cut package that also includes an upcoming back-to-school sales tax holiday, which starts July 31.

– Drew Wilson, Extensive Enterprises Media

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