Governor Crist of Florida has approved another salex tax holiday for hurricane-related supplies. From June 1st to June 12th, Florida residents will be able to buy these supplies free of sales tax.
Retail stores like this holiday, because it helps boost their sales. There is something psychological about going to buy hurricane supplies that causes consumers to buy other goods as well.
Overall, I think this is a good program that Florida does every year — especially this year. Florida had a very mild hurricane season last year after two record setting years for hurricane storms and damages. It will be easy for Florida residents to get lazy again about preparing for a storm. Hopefully, this sales tax holiday will help them to get prepared for the upcoming season. The National Weather Service predicts 17 named storms this year, with 5 of those being a Category 3 or stronger. These predictions are usually off, but they should still be taken seriously. There is no reason for people to die during a hurricane. In almost all cases, hurricanes provide plenty of time to prepare and evacuate before it makes landfall.
If you want a comprehensive list of this year’s tax exempt products, GO HERE.