- Missouri’s tax-free weekend offers savings for back-to-school shoppers.
- The average back-to-school shopping cost in the U.S. is projected at a record $890.
- KCUR breaks down the savings for various grade levels based on the Kansas City Public Schools supply list.
- Many events and drives in the Kansas City area provide students with free school supplies.
- Over 90% of U.S. school teachers spend their own money on school supplies, averaging $820 out-of-pocket last year.
Missouri’s Tax-Free Weekend: Crunching the Numbers for School Shoppers
As the back-to-school season kicks into high gear, Missouri’s tax-free weekend has become a beacon for parents and students looking to save on essential supplies. From Spider-Man lunch boxes to basic stationery, the state offers a reprieve from taxes, making those school lists a tad lighter on the wallet.
Breaking Down the Savings
Missouri has been hosting this tax-free back-to-school shopping weekend since 2003. This year, with local taxing districts unable to opt out, the savings potential has increased. For instance, based on the Kansas City Public Schools supply list, the savings for kindergarten and first-grade supplies amount to $0.81, while high schoolers can save up to $3.74.
Community Support in Full Swing
Beyond the tax-free weekend, the Kansas City community is stepping up to support students. Events like KCPSfest offer free school supplies, immunizations, and even CPR lessons. Other events across the region, from field days to back-to-school bashes, ensure students are well-equipped for the academic year.
However, the financial burden isn’t just on parents. A staggering 90% of U.S. school teachers dig into their own pockets to ensure their classrooms are stocked, averaging an out-of-pocket expense of $820 last year.
The Breezy Take
Missouri’s tax-free weekend is more than just a shopping event; it’s a testament to the community’s commitment to education. While the savings might seem modest, every penny counts. And with the combined efforts of the state and local communities, Missouri is ensuring its students step into the new academic year on the right foot.
Original article: https://www.missouribusinessalert.com/industries/education/how-much-do-school-shoppers-save-during-missouri-s-tax-free-weekend-we-did-the/article_4ec9bcb6-3545-11ee-b358-6b81ca2000ec.html
For more reading: Missouri Welcomes Slow Inflation: CPI Rises 0.2% in July