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Old 10-18-2011, 11:31 AM   #11
Moonstruck
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City: Hailing Port: Charleston, SC
Vessel Name: Moonstruck
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RE: Sales Tax Boat Purchase

Quote:
nomadwilly wrote:


If we had Cain's 999 plan all these games you guys are playing may not be necessary.




Eric, I don't think that Cain's 9-9-9 plan would affect this at all. We are talking about state taxes. His would be a national sales tax of 9%. In my home state that would be and 18.75% total for state and federal sales tax. That would be a large burden to bear. It seems that Alaska has very few taxes. Other states deal with many state and local taxes. They can be a significant expense.

I understand that Maine has recently put a 28 day stay limit on visiting boats. After that use and advalorem taxes are due. This has caused me to change some plans contemplated for cruising Maine. I wanted to stay the summer up there, but I guess they didn't want me.
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