tax free weekend
Life Optimization

The Tax Free Weekend Trap

The Commonwealth of Tax-achusetts has given us a sales tax free weekend every year since 2018. The name is pretty misleading, because there’s a whole host of purchases that are still taxed. And anything more than $2500 is also still taxed. Unfortunately, Tax Free Weekend for Cheapish Things Only doesn’t have the same ring to it. I read a few local news articles on the event and they all talk about saving money. Or flat out ask what you’re going to buy this weekend. But the event isn’t to help anyone save money- it’s to encourage people to spend money. Tax free weekend is similar to Amazon Prime Day. The goal is to get you to spend money on things you don’t need/weren’t going to buy otherwise. Don’t get tricked!

Tax Free Weekend Isn’t Even a Good Deal

At least with Prime Day, there are some big deals on decent electronics. That doesn’t mean you should buy them because they’re on sale. It’s silly to spend $100 because you’re “saving” $50. The Massachusetts Tax Free Weekend is only giving a 6.25% “discount” on purchases. If you’re buying something that’s $100, you’re only saving $6.25. If it’s silly to spend an unnecessary $100 to “save” $50, it’s completely ludicrous to spend $100 to “save” $6.25. You won’t save money by buying something you weren’t already going to buy. Don’t be tricked by Tax Free Weekend!

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tax free weekend