Comments on: Yacht-tax loophole stays open

By: Mike

Mike — Fri, 12 Nov 2010 05:38:23 +0000

The idea that the state will get these phantom “millions” just because they extend the time is ridiculous. The yachts are only brought into the state because the 90 days have passed. If the gang in Sacramento extends the “loophole” time to a year, yacht owners will just berth the yachts elsewhere for another 275 days, and still not pay California’s extortion. Extend the time indefinitely, and the yachts will never be berthed in California – and it’ll give the yacht owners more incentive to actually move elsewhere, taking their income tax payments to California with them.

There is no iron curtain at the Siskiyou Pass, as much as the gang in Sacramento would love to build one.

By: No Arnold at the yacht club - Political Blotter - Politics in the Bay Area and beyond

Fri, 16 May 2008 22:35:02 +0000

[...] — no questions about the “yacht tax” hubbub, just eco-friendly [...]

By: jojo ba

jojo ba — Thu, 15 May 2008 19:11:28 +0000

if you buy something out of state, you should never have to pay taxes on it in California. That should include cars too. Not sure why people are making a fuss about it. If I ever get enough money that I want to spend it on a yacht, why should I have to pay sales tax in two states? If the state I buy in doesn’t have sales tax, then I shouldn’t have to pay. This should apply to all goods. It is only fair.

The weird assumption is that if you are buying a yacht, you must be rich and therefore you must be punished with extra taxes. What if you have saved all your life on lower-middle-class income to buy that yacht?

Besides that, who cares what Arnold does? Any publicity is good publicity, remember that, if you don’t like the governator, don’t talk about him, it only helps him.

Me, I’m a (generally) liberal democrat who voted for Arnold because he isn’t boring. Sometimes you need to elect a freak like Jesse Ventura.

Of course I’ve paid for it, everyone I know gives me hell for voting for him.

– jojo

By: Schwarzenegger to attend a ‘yacht party’ in SF - Political Blotter - Politics in the Bay Area and beyond

Thu, 15 May 2008 01:38:53 +0000

[...] have spent months striving to portray Republican lawmakers as the “yacht party” for refusing to close the state’s yacht-tax loophole? In the same week that he has rolled out a May budget revision based mainly on borrowing billions [...]

By: New ad blasts GOP for yacht-tax loophole - Political Blotter - Politics in the Bay Area and beyond

Wed, 26 Mar 2008 20:54:40 +0000

[...] new television ad “re-branding California Republicans as the ‘Yacht Party’ for refusing to close a ‘yacht tax’ loophole despite an initial $16 billion state budget [...]

By: Progressive Democrat

Progressive Democrat — Wed, 20 Feb 2008 06:30:46 +0000

There are some rural counties in California that might not exist next year without a mil or two the State has promised them but is not proposing to delay payments. There are no longer any extra monies because of years of the state cutting monies to counties to the bones while mandating services. I read the comments of one CAO for one California county who stated that people should start deciding where they want to move to. This county is owed $400,000 from the state for social services that are mandated and rendered but the state still hasn’t delivered.
One or even two million can be literally both a life and death matter both for county government and a life and death matter for their residents without services. To conclude, $2l mil or even $5 mil is not chump change. Neither is the $35 million we are spending on Arnold for security. It’s time for the state of California to make the same economies it is forcing on county and city governments. But more importantly as you note Josh it’s time to close all the loopholes benefiting the wealthy and affluent. Closing these loopholes will not kill or maim anyone. Counties going out of business and not being able to deliver services will. The old shibboleth that everyone tightens their belts is untrue. some people’s stomachs are stretched out so far they cannot even get a belt around them barely.