Yesterday, today and tomorrow is the annual Sales Tax Holiday. There will be no sales tax (of 8.25%) on the following items:

• Clothing and footwear under $100
• Backpacks under $100 for elementary and secondary students
• Schools supplies including paper, binders, crayons, lunch boxes, etc.
• Includes layaway items

I was not able to put off shopping for all the kids until this weekend. I already bought (with a little help from my friend, my mother) all the school supplies, and all the clothes. All that remains is the annual Famous Footwear trip. This Famous Footwear trip alone can be almost as much as the rest of the clothes and supplies.

What do we buy? Nikes, Sketchers, Aasics, Adidas, Converses, maybe a pair of Pumas or New Balances, plus a pair or two of work shoes for the adults. How much do we hope to save? Well, it’s buy one get one for half price, resulting in an overall reduction of 20% or so (because they take the half off the cheaper pair.) Then we’ve got a 20% off coupon, now we’re at 40% Then the sales tax for another 8.25% reduction. Overall if we do it just right,  it will work out to a reduction of almost half the price of the shoes.

I’m not convinced, I must admit to you, that the shoes haven’t been marked up 2-300% to prepare for my clever bargaining. Since when did it cost $80 to put together a pair of mid-range Nikes in a third-world country where workers make just fifty cents a day? Nevertheless, we live in this society, so the annual family “shoe binge” is inevitable. My kids are Americans, they need their athletic shoes. The choices they make will tell everyone, the first day of school, who they are, even if there are five other kids in their grade with the exact same shoes.

Our local Famous Footwear store is in the mile-long strip mall with OfficeDepot, PetCo, HomeDepot and TJMax just north of the intersection of the 820 and Hulen Blvd. If you go there this afternoon you might see us. We’ll be the family with the 6 foot tall son who claims he needs a pair of $100 shoes because there are no other shoes in the store that are “right.” He is like a Gila Monster — once he gets ahold of his prey he will let go. His parents can either buy the shoes or leave him in the store forever.

For a detailed description of the sales tax holiday rules, see Window on Texas Government, 2009 Sales Tax Holiday.