State of the pleasure boat cruising economy

[Theresamarie11]

I am a corporation, a rather small one...lol, but income taxes follow through to my personal income tax and it looks like I make alot of money. You know, that over 250K that people think you are rich! Unfortunately, the bottom line is below what I made as an employee, especially considering the hours and stress levels. I pay more than a "fair share" in taxes! Can you believe I now have to pay personal tangible property tax on personal tools and Snap On tool boxes that I have had and paid taxes on for 15 plus years simply because I now use them at my business!!! And you call that fair??? Start a business yourself and when the "Taxman" comes around come back here and tell me how "fair" it is for you to put your neck on the line and take no family time to try to make a decent living only to keep paying more for drug dealing welfare collectors who get paid to keep having babies through these liberal social programs! Total B.S.!!


I sure hope this is not true... http://www.youtube.com/watch?v=fu6ok5ykyuQ&feature=share

Floriduramax, I don't think I ever said people making $250K are an issue of for that matter, defined any specific $$ level. I threw around the term corporations, but I did it loosely and was more targeting some of the big guys who are very short term focused. Small business needs all the help it can get to stay afloat! I am a huge small business advocate (can you say Vermont). All I said is I'd like to see everyone pay a fair share. When my effective tax rate is higher than someone making a 10's or 100's of millions of dollars a year (or more as in my example of the top 400) I find that inconsistent with a progressive and graduated tax rate. I don't really believe in trickle down, trickle down created a bigger gap between the 'haves' and 'have nots' over the past few decades. An example is executive pay. And just to clarify, I don't believe any of the folks talking in this forum are very far into the 'haves' area of the economy, but I could be wrong.

 

[AKBASSKING]

Terri, you are absolutely correct in your assesment of our current economic troubles. Unfortunately there are way to many that are blinded by their own ideoligy and are only content with blaming Obama for everything including the direction the sun rises and sets. I have to wonder if this hatred would be so vitriolic if he were a white man. Sad to think that, but you have to wonder.

Greg

{Deleted political BS}

Hey Gary, I saw a lot less boaters on the Columbia river. The ones I saw were going slow to save fual and $$$. Some are even selling their larger boats and down sizing.

 

[twyant]

According to estimates from the Energy Information Administration, 110,000 barrels per day of offshore oil production were lost in 2010 due to Obama’s moratorium in the Gulf of Mexico; 250,000 barrels per day will be lost in 2011. I am in the oil and gas industry it did not slow up my work just plugging wells instead of drilling new ones to help with our energy prices. Obama needs to stop the energy freeze now!

 

[VTSeaRay]

Small business needs all the help it can get to stay afloat! I am a huge small business advocate (can you say Vermont). All I said is I'd like to see everyone pay a fair share. When my effective tax rate is higher than someone making a 10's or 100's of millions of dollars a year (or more as in my example of the top 400) I find that inconsistent with a progressive and graduated tax rate. I don't really believe in trickle down, trickle down created a bigger gap between the 'haves' and 'have nots' over the past few decades. An example is executive pay. And just to clarify, I don't believe any of the folks talking in this forum are very far into the 'haves' area of the economy, but I could be wrong.

Theresa,

Vermont and the word Business are never to be used in the same sentence, they are like oil and water, never to mix. Vermont is the most business unfriendly state in the Union, thank you VPIRG/CLF/REST-of-the-tree-huggers/Leftist-socialist government.

-VtSeaRay

 

[AKBASSKING]

Enough children! Start a polictical discussion on another thread!

 

[Bucit]

I have an offer in on a place in Florida it's a foreclosure and the bank keeps changing the dead line on the bids. I found out that for the first 4 months of bids I was the only bidder, if they don't do something by the first week in August I will withdraw my offer and look for another property. I use a search program call Zillow com and you can look at the foreclosure rate in the states, Florida is 1 in 600 homes are in foreclosure, scary.Ken

Ken, PM me if you need help with a mortgage or run into any problems, I handle the entire state of Florida for home loans.

 

[floriduramax1]

Florida max, Buy a bigger boat and take your clients out on it, maybe even a small machine shop in the engine room, that way you can expense the boat, depreciate the hell out of it, and write it off as well, all while fixing the engines on your luxury yacht.

We bought our 480, sold it to the business and take clients out on it and drop a fish pole over the side once in awhile, but every one who comes on MY boat, has to listen to my sales pitch... selling them Nuts' bolts and screws...and even some stainless steel flatwashers here and there.
It's amazing how these 480 DB's can suck up the profits of a corporation...
Ok Back to the slow marina's, High priced Fuel, cause in My World it's not worth bitchin about, takes too much time..... In My world!!!!!!!!!

"Work in progress"!!!

 

[floriduramax1]

Floriduramax, I don't think I ever said people making $250K are an issue of for that matter, defined any specific $$ level. I threw around the term corporations, but I did it loosely and was more targeting some of the big guys who are very short term focused. Small business needs all the help it can get to stay afloat! I am a huge small business advocate (can you say Vermont). All I said is I'd like to see everyone pay a fair share. When my effective tax rate is higher than someone making a 10's or 100's of millions of dollars a year (or more as in my example of the top 400) I find that inconsistent with a progressive and graduated tax rate. I don't really believe in trickle down, trickle down created a bigger gap between the 'haves' and 'have nots' over the past few decades. An example is executive pay. And just to clarify, I don't believe any of the folks talking in this forum are very far into the 'haves' area of the economy, but I could be wrong.

One question and I will quit! If trickle down doesn't work, how do the "have nots" become "haves"? Be careful how you answer because I have been climbing the hard way!

 

[twyant]

One question and I will quit! If trickle down doesn't work, how do the "have nots" become "haves"? Be careful how you answer because I have been climbing the hard way!

Should have a like button Thanks Floriduramax

 

[Steve S]

One question and I will quit! If trickle down doesn't work, how do the "have nots" become "haves"? Be careful how you answer because I have been climbing the hard way!

Should have a like button. Me too! Thanks Floriduramax....

 

[twyant]

If you voted for Obama in 2008 to prove you're not a racist,
then you'll have to vote for someone else in 2012...to prove
"you're not an idiot". Sorry could not stand it forgive me

 

[Theresamarie11]

Theresa,

Vermont and the word Business are never to be used in the same sentence, they are like oil and water, never to mix. Vermont is the most business unfriendly state in the Union, thank you VPIRG/CLF/REST-of-the-tree-huggers/Leftist-socialist government.

-VtSeaRay

Yes, am aware of that and it's not a great situation, but then I've worked here for one of the biggest corporations in the world for 30 years and have had a fantastic career. I would like to see more small business success. Vermont is a beautiful state and the quality of life, for those who are fortunate to have good jobs is very good. I think there is a big struggle between those that want to keep it beautiful and pristine and those that want more growth, and it's a balance that I'm sure will swing the other way at some point. It's imbalanced now. My other half is a civil engineer and project manager for a Vt construction company. I hear plenty about the environmental regulations and challenges. My youngest (of 3 sons) is home from college for the summer and hasn't been able to find a summer job, because so many of the grocery stores and other places that use temporary workers are now full of retirees who find a need for supplemental income. It's pretty sad to work your whole life at a career and then find in the 60's you need to go take a job in a grocery store. Next year I hope he can get an internship.

 

[Bucit]

When our "non American" president states that if we don't raise the debt ceiling then the SS checks may not be mailed out, what else are the elderly suppose to do but go out and start working again? It's a sad, sad time in the US.

 

[floriduramax1]

Trickle down prosperity might take a while, but trickle up poverty sets in quick!

 

[VTSeaRay]

Yes, am aware of that and it's not a great situation, but then I've worked here for one of the biggest corporations in the world for 30 years and have had a fantastic career. I would like to see more small business success. Vermont is a beautiful state and the quality of life, for those who are fortunate to have good jobs is very good. I think there is a big struggle between those that want to keep it beautiful and pristine and those that want more growth, and it's a balance that I'm sure will swing the other way at some point. It's imbalanced now. My other half is a civil engineer and project manager for a Vt construction company. I hear plenty about the environmental regulations and challenges. My youngest (of 3 sons) is home from college for the summer and hasn't been able to find a summer job, because so many of the grocery stores and other places that use temporary workers are now full of retirees who find a need for supplemental income. It's pretty sad to work your whole life at a career and then find in the 60's you need to go take a job in a grocery store. Next year I hope he can get an internship.

I just would like to see more of those large corporations (where the better paying jobs come from) be able to grow in Vermont. (and the US for that matter). You can't create a lot of jobs with grocery stores and small at-home type businesses that seem to be the staple of Vermont's business environment. (anything larger than that sets off the anti-business groups I listed earlier.) I hope your large company can stay in the state, it's already downsizing and moving it's operations off to other states that are more business friendly and has lost a lot of the jobs it used to have(if it is the company I'm thinking it is) It would be nice to see other companies come to this state, but that isn't going to happen with things the way they are. I have friends that own businesses and they have been talking of moving out of state based on the current state business climate. Good luck with your son finding work, I too have 3 sons(all in their 20's), 1 works out of state, the other found a job @minimum wage not in his field, and the third works in a deli. Not the future I was hoping they could have in this state. (and thanks for your son's military service to our country!)

-VtSeaRay

 

[jrock1062]

Unless it's an option it sure looks like a tax to me.

What part of they get that money back in the form of a pension do you not understand :smt021

 

[twyant]

!Salary of the US President. ..$400,000
Salary of retired US Presidents ...$180,000
Salary of House/Senate...$174,000
Salary of Speaker of the House.. .$223,500
Salary of Majority/Minority Leaders... $193,400
Average Salary of Soldier DEPLOYED IN IRAQ $38,000
I think we found where the cuts should be made. My son could use a little more

 

[Theresamarie11]

One question and I will quit! If trickle down doesn't work, how do the "have nots" become "haves"? Be careful how you answer because I have been climbing the hard way!

Promise??? Most people become 'haves' through a combination of hard work and education, but I'm not entirely clear on what you're getting at. Probably not a good subject to debate because again, there are as many articles speaking for it as against, again along ideological lines. But the country would not run without those doing the heavy lifting at the bottom as well, and I think if they work their tails off 40+ hours a week, they deserve a place to live, meals on their tables and affordable health care. And they're the ones that are suffering.

Also, as long as the parties continue polarizing the nation and keep everyone fighting with each other, they'll continue to focus on themselves (party politics) rather than fixing the problems. We're all just pawns in this mess right now.

 

[jrock1062]

Promise??? Most people become 'haves' through a combination of hard work and education, but I'm not entirely clear on what you're getting at. Probably not a good subject to debate because again, there are as many articles speaking for it as against, again along ideological lines. But the country would not run without those doing the heavy lifting at the bottom as well, and I think if they work their tails off 40+ hours a week, they deserve a place to live, meals on their tables and affordable health care. And they're the ones that are suffering.

Also, as long as the parties continue polarizing the nation and keep everyone fighting with each other, they'll continue to focus on themselves (party politics) rather than fixing the problems. We're all just pawns in this mess right now.

They deserve all of that they just should not expect someone else to pay for it. wealth redisrtabution is just not rite, the government doesnt have money they take it from the people

 

[chuck1]

Can we please get back on the boating topic, before this thread is moved.