This is not an April Fool’s joke. On April 1, 2012, New York State drops the 4% sales tax on clothing, shoes and other footwear costing $110 or less. This is great news for the 99% of New Yorkers who buy affordable clothing and footwear, especially for kids who seem to grow out of their jeans and sneakers before they wear out. The tax-free rule does not apply to handbags, but it does apply to disposable diapers, which the guys in Albany apparently consider to be clothing. Click here for the full itemized list of New York State tax free clothing and footwear. It might be a good idea to print out and take with you, just in case an electronic cash register hasn’t been reprogrammed yet. So say goodbye to the 4% sales tax on clothing and footwear in New York State — again — because this exemption was in effect for a while a few years ago, taken away, and now it’s back.