This year’s state sales tax holiday is underway. The 4.225% state sales tax is suspended on things considered school supplies in state law.  No, a car for college is not included.  But clothing is–up to 100-dollars per item, and school supplies, and computers up to $3500.

But 166 cities and 49 counties have opted out of the holiday, meaning local sales taxes will be collected.  

You can find a list of the taxing districts that are not taking part in the holiday weekend at:

                    http://dor.mo.gov/business/sales/taxholiday/school

The revenue department does not try to calculate how much money the state does NOT collect in these three days. Farnen says it’s hard to calculate that because it’s not known how much business comes in from other states for these deals, and how much people guy other things while they’re buying the tax-exempt items.

    AUDIO: Farnen interview