As a result of the current poor revenue forecasts facing the City, the District of Columbia Office of Tax and Revenue has announced the cancellation of its program of sales tax holidays. The program has been in effect for the past eight years and was held twice each year - in August before the start of school and just after Thanksgiving. The program, similar to ones conducted by a number of states, exempted clothing, accessories, shoes and school supplies with costs of $100 or less from the City’s 5.75% sales tax.