Allesandro Melito, Allesandro, Amazon discussed on This Morning with Gordon Deal
Radio twelve hundred away I Jennifer Kushinka in for Gordon Deal along with Rasa Kaye they are the. Word some people dread back to school time to start spending on clothes and supplies and this. Year parents are expected to, spend more than three hundred dollars per child as Allesandro. Melito of marketwatch tells us there are some places where, you, can get tax remerchandised why have as many as sixteen states eliminated state taxes Larry sixteen states that are participating in tax holidays and it could be as short as a weekend or as. Long as an entire week where they're giving parents a little bit of a break so if you are back to school shopping district little bit earlier than than some may consider the north, and you could. Get It it You want but it has to be under threshold and then you'll get get tax. Free discount is this a movement that's spreading it used to be just a few states that were? Doing? This right so, I mean I think it's become pretty common in all states participate, in it but that's also, because some, you know every state is different for their some states where they just don't have sales tax. On anything so this isn't. An issue and then there are some states where they do have sales tax for, most things but the items that you would typically buy for back to school clothing or so where, they don't or they have limited taxes on they charge woman at taxes on. Them Allesandro how do retailers? Perceive this is this something they push for to help them boost their? Bottom line Well I think everybody. Is just taking a different approach to back to school shopping so some companies are pushing back to, school shopping earlier and it might not necessarily be because of this tax rate shopping. But just the fact that parents are looking to get really good deals because you can't spend hundreds? Of? Dollars between books, are general supplies and clothes and things like that and it could, start as early as mid, July for, a lot of parents especially because Amazon and Amazon prime day there was research vessel jested about. Forty percent of prime day. Shoppers are actually buying school supplies we're speaking with Allesandro Melito of marketwatch what are, some of the typical deals and are they limited can you point to any specifics for some deals, I would say well etcetera this tax free shopping you couldn't do some comparison. Shopping online you could set? Up like deal alerts and things like that are you could pulled prices Suggested using like, this, kind. Of gift cards that. Could help you you know you you. Pay a certain amount they get a little bit more on the gift card and um Things like. That but definitely comparison shop online it's not all about store you could do you could get a lot of good deals if. You are just taking a little bit more time I think news recently came out that low? Income parents are, more likely to apply for. Credit cards to pay for school supplies is that a good, idea No I mean it's not a good idea it could be very risky you don't necessarily want to have a balance on any. Credit cards and interest rates could be as? High as thirty percent or, more but unfortunately, if, their, kids, do need clothes. Or they do need school supplies a lot of people are. Turning to, credit cards as one of the ways, to get there are some of the supplies that schools require now involve computers. And things that are more expensive what kinds of supplies. Are we talking. About I would say it's pretty it's pretty basic, quick pens pencils, notebooks like that, I don't know that all. Schools require students to have tablets I mean. Obviously we live in a row now whereas our phones are very helpful for students doing their homework. On the go but it seems like it's coming from all angles Allesandro Melito of marketwatch it's thirty minutes after the hour on. This Morning America's first news Traffic and weather every ten minutes. Is incredibly helpful Shuster my. Day on the radio twelve hundred Away I From the wwl traffic. Center They'll major accidents is stalled vehicle Shortly boarding our we do have. A couple of overnight construction some so I. Thirty seven northbound at Carolina street.