FL boat tax cap passes legislature

[StephenOvalle]

The Florida boat tax cap now heads to the governor.:smt038

http://www.soundingsonline.com/news...-florida-boat-tax-cap-heads-to-governors-desk

 

[Woody]

I'll bet there will be alot of folks unhappy about this.

 

[fwebster]

What am I missing? ...............Who would be unhappy about a sales tax cap?

 

[Woody]

All the folks who buying boats <$300,000, no change for them, still paying 6%. They should've just lowered the overall rate then everyone smiles, it's the new way, everyone deserves to be made happy.

 

[fwebster]

There is no change for the under $300K crowd..........I'm still struggling to understand why anyone will be unhappy, especially since there has never been a sales tax cap on boats before.

 

[Woody]

There is no change for the under $300K crowd..........I'm still struggling to understand why anyone will be unhappy, especially since there has never been a sales tax cap on boats before.

This was my point.

 

[Turtlesboat]

That's because they probably can't make the trip to the Bahamas anyway, or they'll spend their tax savings doing it. The big boat guys spend serious coin in south FL. This is a win win for FL and buyers.

 

[skibum]

Agree. No one should be unhappy about this. Any cap on the amount of money the government can steal from its citizens is a good thing.