Today's
Feature
Show-Me Green
Sales Tax Holiday.
JEFFERSON CITY, MO,
Citizens will be able to save money, save energy
and stimulate the economy by participating in
Missouris first Show-Me Green Sales Tax
Holiday.
The holiday, which runs from
April 19-25, means a savings of at least 4.225
percent to people who purchase new ENERGY STAR ®
qualified appliances in Missouri during the
holiday. The reduced price represents the
elimination of the states sales tax from
the purchase.
"During these tough
economic times, saving money is important to
everyone," said Karen King Mitchell,
director of the Missouri Department of Revenue.
"The Show-Me Green Sales Tax Holiday
represents an ideal time to buy these appliances
because you can get them at a reduced price but
also save money on your future utility
bills."
Mitchell also noted that
several local governmental entities have opted to
participate in the holiday. This means that some
purchases will be exempt not just from the state
sales tax, but also city, county and special
district sales taxes. Nine counties, 57 cities
and eight special districts (all listed below)
have opted to participate in the holiday.
"Anyone who buys a
qualified appliance in Missouri will be exempt
from paying the state sales tax," Mitchell
said. "But people can obtain maximum savings
in towns or cities where the local governments
have decided to participate in the holiday. In
some areas, the tax savings jump from 4.225
percent to nearly 8 percent."
Mark Templeton, director of the
Missouri Department of Natural Resources,
stressed the importance of purchasing appliances
that have earned the ENERGY STAR. ENERGY STAR is
a joint program of the U.S. Environmental
Protection Agency and the U.S. Department of
Energy. The program allows manufacturers of
appliances to voluntarily label selected
appliances if they meet certain criteria. The
goal is to promote appliances that perform as
well or better than similar appliances while
using less energy. The program has saved
businesses and consumers billions of dollars
since its inception in 1992.
"Most of the energy used
in our homes comes from the burning of fossil
fuels, which increases greenhouse gas
emissions," said Templeton. "Using
energy-efficient appliances reduces the amount of
greenhouse gases emitted into the atmosphere,
which is obviously better for the
environment."
"I encourage Missourians
to make energy efficient choices and use energy
efficient appliances," said Templeton.
"Choosing ENERGY STAR-certified appliances
could save many Missouri families about a third
on their energy bill, without sacrificing
features, style, or comfort," said
Templeton.
ENERGY STAR-certified
appliances that qualify for the sales tax
exemption are:
*Clothes washers
*Refrigerators
*Freezers
*Dishwashers
*Water heaters
*Furnaces
*Air Conditioners
The sales tax exemption only
applies to the first $1,500 on each appliance. If
an appliance costs more than $1,500, the regular
sales tax rate is in effect for any of the
purchase price above $1,500.
Although the legislation
(Senate Bill 1181) creating the Show-Me Green
Sales Tax Holiday listed other appliances
eligible for the sales tax savings, not all
appliances have met ENERGY STAR guidelines.
Examples of appliances NOT eligible for the sales
tax exemption are clothes dryers, trash
compactors, conven tional ovens, ranges and
stoves. Lighting fixtures, office equipment, home
electronics and other non-appliance ENERGY STAR
labeled-products are also not eligible for the
sales tax exemption.
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