The city and state have allegedly worked out a deal to eliminate 4% of the sales tax on clothing or shoes under $110. The city is able to go forward with this since there's a $3.6 billion budget surplus this year (not that we want to put that money back into other services, like the MTA...). So far, the politicians who say they are interested in eliminating this are Mayor Bloomberg, Governor Pataki, and State Assembly Speaker Sheldon Silver; State Senate Majority Leader Joseph Bruno is, according to the Daily News, "non-committal." Oh, Bruno, give it up, just agree to it. NYC funds so much of the state budget, and we always get the short shrift.
So, if you save $4 on your $100 clothing purchase, you can spend that towards your Frappuccino.