Tax holiday covers many items, but some may surprise you
It's that time of year again; football is right around the corner and students and teachers are gearing up to go back to school.
To help parents prepare, tax-free weekend starts Friday morning at 12:01 a.m. It's designed to help people save money.
We talked to ETSU economist Steb Hipple about the event. "It's a bonus to anyone who has a bunch of children going back to school," he explained.
Supplies under $20 each in Virginia are eligible. Tennessee has a 100 dollar cap on both clothes and supplies.
The sale lasts on certain products Friday through Sunday.
"In Tennessee you're saving ten cents on every dollar," Hipple explained. "Normally you spend $10 on back-to-school goods, and pay a dollar in tax. Now, you have $11 to spend."
Do you need a backback, notebook, pens, and pencils? All of those items are tax free, but there are some things that aren't exempt. Belt buckles, for example, as well as briefcases and make up, are not included.
You can buy bandanas, clerical vestments, sheet music and globes -- but no handkerchiefs or handbags.
You can buy a sports uniform, but not a helmet or shoulder pads for the big football game.
The potential rush has stores like Target getting ready for the school gear crush. "It's not going to be Black Friday, but it's going to be very, very busy," said a Target manager we spoke with. "We're just making sure we have enough team members on hand. Making sure we have people on the floor and making sure we have enough product to purchase."
There will be plenty of chalk and crayons and computers available -- provided that new CPU is less than $1,500.
Click here for the list of eligible items in Tennessee.
Click here for the list of eligible items in Virginia.
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