NASHVILLE, Tenn. (AP) -- Tennessee retailers are hoping to benefit from the state's sales tax holiday this weekend.
From Friday through Sunday, there will be no sales tax applied to items less than $100, including clothing, school and art supplies, and on computers up to $1,500.
The Washington-based National Retail Federation, one of the staunchest supporters of the holidays, says retailers typically see substantial sales increases during tax holidays.
Federation president Matthew Shay says retailers have found that sales tax holidays bring people into stores like few other promotions.
Tennessee's first sales tax holiday in August 2006 was the most popular one, costing the state $13.7 million in forgone sales taxes and reimbursements to local governments.
That total steadily decreased in the following years and was down to $8.6 million last year, a decline of about 38 percent from the first year.
(Copyright 2011 by The Associated Press. All Rights Reserved.)