With school on the minds of many parents as the kids get ready to go back this year, things will cost a little more.  The Georgia General Assembly did not approve the Sales Tax Holiday this year which means back to school items will cost at least 7% more than they did last year.

Since 2002 the state legislature has approved the sales tax holiday – in part to help parents with back to school purchase – and to bolster retail sales across the state.  Retail merchants argued that without the sales tax holiday there would be a negative economic impact on the state’s economy.  Lawmakers scrambling to find extra revenue saw the sales tax holiday as a loss to the state’s coffers.

Some fear that the sales tax holiday may never make a come-back in Georgia.