By contrast, SC caps the sales tax at $300 but there's a personal property tax based on the boat's estimated value every year.
There's a private citizen in my area who makes it his business (it is not his business) to ride around in his personal boat and make note of any expensive looking boats in the area and making sure that the county is charging the owners personal property tax on the boats. He turned in a large yacht one year and the tax bill was just under $300K. That's the tax on the boat for one year!
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