THE GENERAL MANAGER AT CORONADO CENTER EXPECTS MORE THAN 100-THOUSAND SHOPPERS ON SATURDAY ALONE DURING THIS TAX HOLIDAY WEEKEND. RANDY SANCHEZ SAYS, STATEWIDE, NEW MEXICANS WILL LIKELY SPEND MORE THAN 300-MILLION DOLLARS ON CLOTHING, COMPUTERS AND SCHOOL SUPPLIES.
THERE WILL BE NO GROSS RECEIPTS TAX ON THOSE ITEMS. THIS IS NEW MEXICO’S 11TH TAX HOLIDAY.