How much does a gun sales tax holiday cost other states?

Texas is considering a sales tax holiday for guns. Let’s peak at what the cost is in smaller states:

• Louisianna and Mississippi are the only 2 states with a sales tax holiday for guns
  • Louisianna started its holiday from the 5% sales tax on Labor Day weekend 2009
  • Louisianna walked back its sales tax holiday for guns in 2016 & 2017, opting for a tax cut while still imposing 3% sales tax
  • Louisianna’s sales tax holiday for guns was a revenue loss of  $600,000/ year
  • Louisianna gun store owner professed sales tax holiday sales accounted for 80%
  • Mississippi sales tax holiday began in 2013 cutting the 7% sales tax
  • Louisianna is #1 in firearm deaths
• Texas fiscal note in 2015: $6.6 million

Fox 6 | The real cost of running a tax holiday on guns