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Go Back   SailNet Community > General Interest > General Discussion (sailing related)
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  #11  
Old 03-09-2012
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Re: How much more blood can they suck?

And I thought Calif had all the politicrooks...
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  #12  
Old 03-09-2012
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Re: How much more blood can they suck?

didn't the feds try this years ago and destroy a bunch of jobs in the process, which of course led to lower revenues?
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  #13  
Old 03-09-2012
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Re: How much more blood can they suck?

Quote:
Originally Posted by DRFerron View Post
Not before I get my hot sauce, please. Or there will be "unintended consequences."
LOL, Donna! Now I've got two of them for ya, one from FL and one from Aruba ... and am thinking I need to get to the post office to send them to you and quite storing them, because they're cluttering up our nav station.

Not sure what that has to do with MD taxation, except, wondering how many people have the flexibility to leave the state to save $$, and what other locations offer acceptable tradeoffs.
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Old 03-09-2012
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Re: How much more blood can they suck?

I was referring to government in general. The US Congress or the various state legislatures, all can find creative ways to tax, none can find creative ways to save.

Brad
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What does congress have to do with maryland? Now the maryland house/congress equal......complain against it.......

WIth that in mind.......takes me back to the Regan era....When a luxury tax was added to many items by him and the federal congress. Proceeded to pretty much ruin the boat building industry among other things within the USA at the time. We have probably what, 1/4 of the boat builders that we have now?!?! I am sure the tax had something to do with it, along with a recession that occurred about then....... These types of taxes are not always the best option.

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Old 03-09-2012
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Re: How much more blood can they suck?

Well that does it. I have have decided to move my boat (rarely kept in Maryland as I 'travel') to a state that has no genetically defected memory politicians. Just remember that the famous Ted Kennedy sponsored late 80s, early 90s, "federal Luxury Tax" on boats and private aircraft almost totally destroyed the domestic boat and aircraft building industry and resulted in the permanent 'layoff' of over 40,000+ employees in those industries and which never recovered when this 'tax the rich' insanity was eventually 'lifted'.
I wouldnt 'mind' if increased draconian taxes benefited others than primarily non-productive bureaucratic parasites and their 'entitled' minions; but, these taxes only go down the rat-hole to enhance such expanding parasitism.

A foreign registry for my boat in the Marshall Islands, etc. is starting to look real good. "F" the Socialist Peoples Republic of Maryland .... they're going have to find a different 'prey species' than me, this time around. Im tired of being a targeted "tax patsy".
Up yours Maryland, 'Im outta here' if this LEGAL THEFT / governmental extortion passes.

Last edited by RichH; 03-09-2012 at 06:56 PM.
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Old 03-09-2012
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Re: How much more blood can they suck?

Quote:
Originally Posted by wingNwing View Post
LOL, Donna! Now I've got two of them for ya, one from FL and one from Aruba ... and am thinking I need to get to the post office to send them to you and quite storing them, because they're cluttering up our nav station.
Thanks!

Quote:
Originally Posted by wingNwing View Post
Not sure what that has to do with MD taxation, except, wondering how many people have the flexibility to leave the state to save $$, and what other locations offer acceptable tradeoffs.
I suspect Delaware marina space may soon be at a premium.
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Old 03-09-2012
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Re: How much more blood can they suck?

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Originally Posted by RichH View Post
Well that does it. I have have decided to move my boat (rarely kept in Maryland as I 'travel') to a state that has no genetically defected memory politicians.
Hmmm, perhaps you might want to wait and see if the bill actually passes, no? (grin)

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Just remember that the famous Ted Kennedy sponsored late 80s, early 90s, "federal Luxury Tax" on boats and private aircraft almost totally destroyed the domestic boat and aircraft building industry and resulted in the permanent 'layoff' of over 40,000+ employees in those industries and which never recovered when this 'tax the rich' insanity was eventually 'lifted'.
Ahh, yes - I remember that one well, my wallet took a pretty good hit back in those days...

However, just for the sake of historical accuracy, let the record show that it was President George H.W. "Read My Lips" Bush who actually signed that one into law...

And, in a little-known footnote, as a lame duck actually VETOED H.R 11 - which would have repealed the Luxury Tax on yachts - a couple of days after his defeat in November of '92...

It was Bubba who made the repeal one of the priorities of the First 100 Days of his administration...

Go figure, huh? (grin)

Last edited by JonEisberg; 03-09-2012 at 08:18 PM.
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Old 03-09-2012
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Re: How much more blood can they suck?

Go ahead move away...more room on the Bay for me...I think they should only impose the tax on people who keep their boat in Maryland, but do not have residence there.

(I am now ducking)
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  #19  
Old 03-09-2012
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Re: How much more blood can they suck?

Quote:
Originally Posted by chef2sail View Post
Go ahead move away...more room on the Bay for me...I think they should only impose the tax on people who keep their boat in Maryland, but do not have residence there.

(I am now ducking)


Oh, wait. We have a second house in Ocean City. Phew. LOOPHOLE!
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Old 03-09-2012
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Re: How much more blood can they suck?

I seem to recall that, back in the day, a lot of the big boats that were raced internationally - Kialoa III for one - were home ported in Delaware to avoid taxes like this one.
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