FYI, if you are like me and have a couple semi-large purchases to make (under $2500) today and tomorrow are the days to do it. Apparently there is a state sales tax holiday in effect and everyone in Louisiana will not have to pay the normal 4% sales tax on all purchases they make between 12:01 AM CST August 3, 2007 and midnight Saturday night August 4, 2007. So you have 48 hours to go out a save a bunch of cash, up to a hundred bucks. Yes you could save $100 (read is really annoying standard commercial voice loudly). Of course you might be able to save even more if you just wait til Labor Day weekend, but if you needed to buy the stuff anyway, and soon, then why not take advantage. I need to get a crib for a new addition and had planned on buying it this month anyway, so I guess I'll just push up the purchase to Saturday.

According to the Louisiana Department of Revenue:

The Louisiana Sales Tax Holiday provides an exemption from state sales tax on the first $2,500 of the purchase price of most individual items of tangible personal property for non-business use. The state sales tax is payable on the portion of the purchase price of any individual item in excess of $2,500.

The holiday will apply to the 4 percent state sales tax, but will not apply to the sales taxes levied by parishes, municipalities, school boards, and other political subdivisions of the state.

They also go on to say the store is responsible for filling out the paperwork to not have to pay the taxes. So far I've seen numerous commercials for this for furniture stores and more. I even got my normal CompUSA mailing with a special sale announcement including the Tax Free Holiday details.

Image via Louisiana Tax Free Shopping (for international shoppers)