Retailers prepare for 2nd Amendment Sales Tax Holiday
Gun dealers in Mississippi are gearing up for the state’s fourth annual Second Amendment Sales Tax Holiday — a 48 hour window for shoppers to buy guns, ammo and accessories free of the state’s 7 percent sales tax.
Enacted three years ago by the state Legislature, the upcoming weekend means as much for local retailers’ bottom line as the holiday shopping season, a historically busy period for the gun industry.
“It’s actually bigger for us than Black Friday,” Todd Sarotte, manager of Van’s Sporting Goods in Brandon, Mississippi, told the USA Today Network Tuesday. “It’s grown every year, and for the last two years it’s been bigger than Black Friday for us.”
Dealers processed more than 20,000 applications for handguns and long guns through the National Instant Criminal Background Check System in August 2016 — a 79 percent increase over the last four years. Guns.com compared background check numbers for August 2016, and September 2013 through 2015 to account for the state’s decision last year to move the tax holiday from the first weekend in September to the last weekend in August to give shoppers more time to prepare for hunting season.