Baltimore Sun stands against boat tax cap
March 5, 2013
Capping vessel excise taxes on yachts bought in Maryland might boost sales, but it would also undermine the state’s $2 billion boating economy. That’s according
Capping vessel excise taxes on yachts bought in Maryland might boost sales, but it would also undermine the state’s $2 billion boating economy. That’s according
Florida took in nearly 10 times as much sales tax revenue on sales of tax-capped boats as the state projected in the first year of
In the roughly 16 months since it became law, Florida’s $18,000 sales/use tax cap on boat sales has preserved thousands of marine-related jobs and generated
Capping vessel excise taxes on yachts bought in Maryland might boost sales, but it would also undermine the state’s $2 billion boating economy. That’s according
Florida took in nearly 10 times as much sales tax revenue on sales of tax-capped boats as the state projected in the first year of
In the roughly 16 months since it became law, Florida’s $18,000 sales/use tax cap on boat sales has preserved thousands of marine-related jobs and generated
