Join Date: Mar 2006
Thanked 13 Times in 12 Posts
Rep Power: 15
$250 a year "registration" for a 36'r? At least in VA personal property tax is based on boat value and goes down as the boat ages and its value declines.
Lucky for me I only need to stay in MD waters 1 more year to be ahead on the use tax I paid to MD when I moved vs. the PP tax I would have paid VA if I'd stayed in VA.
So, I'll just move back to VA waters and be no worse off, if this becomes reality. I miss Deltaville anyway, and would rather pay PP tax in VA than an exhorbitant registration fee in MD.
It amazes me how politicians think nothing will change when they propose increasing the tax on a highly moveable asset by 20 times. (Correction I thought the fee was every year but it reamains every 2 years so ONLY a 10 times increase)
I think if they do this it will decimate MD boating industry.
s/v Palmetto Moon
1991 Catalina 36
Last edited by PalmettoSailor; 02-16-2012 at 03:09 PM.