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JimH
 
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Default Boat deductions


"Tamaroak" wrote in message
...
I vote for no deductions for second homes or boats or whatever. The poor in
this country don't qualify for these deductions and our government is
widening the gap evermore.

Capt. Jeff



Good evening Captain. I really wanted to reply to this post of yours but I
promised to refrain from doing so based on the new spirit of this NG.

With that said I do hope you find your missing VHF connector (a plea made by
you to this NG at 3:51 p.m. today). Perhaps the money you save on getting a
used one vs. new one can be donated to the needy folks you describe in your
post.

Regardless, I do wish you and yours a Happy New Year.


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I dont think this discussion violates the new spirit of the NG as it is
about boats. Furthermore, it uses the desire of people to discuss
politics to talk about boats. If people prefer, I will simply drop the
discussion.

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JimH
 
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wrote in message
ps.com...
I dont think this discussion violates the new spirit of the NG as it is
about boats. Furthermore, it uses the desire of people to discuss
politics to talk about boats. If people prefer, I will simply drop the
discussion.


Why did you dismiss (no reply) my post to you shortly after you started this
thread?


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Jim:

I am not sure what you are talking about. What did I miss?

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JimH
 
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wrote in message
ups.com...
Jim:

I am not sure what you are talking about. What did I miss?


My reply to your initial post.




  #6   Report Post  
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OK, I see the flat tax stuff and I agree with you. What else?
My concern is that people who buy seriously expensive boats or second
homes and write off the loan. I am not very concerned that less
affluent people pay for much less expensive boats with cash.

  #7   Report Post  
posted to rec.boats
Bill McKee
 
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wrote in message
oups.com...
OK, I see the flat tax stuff and I agree with you. What else?
My concern is that people who buy seriously expensive boats or second
homes and write off the loan. I am not very concerned that less
affluent people pay for much less expensive boats with cash.


When the tax deductions for expensive boats were killed for a few years,
lots did not buy those expensive boats, and the makers laid off most the
workers. You will never see a flat tax, as government is control, and the
maximum control is via taxation. Some industries are blessed by the
controllers and others not. then a few years later, the blessed industries
change. Maybe if the government wasted less money, we could have the
deductions and more money to spend. Years ago, we had the same deductions
for interest, and also for sales taxes, and excise taxes, and an overall tax
rate of about 22%. We built highways, bridges, levees and nice
infrastructure. Our tax burden is now about 46%, and the infrastructure is
collapsing. Where is the money going? As a kid in California, the sales
tax rate was 3%, now it is 8.25-8.75%, depending on region, and they are
proposing a 1/2% boost for infrastructure rebuilding. Where is the money we
pay now going?


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JimH
 
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" JimH" jimh_osudad@yahooDOTcom wrote in message
. ..

"Tamaroak" wrote in message
...
I vote for no deductions for second homes or boats or whatever. The poor
in this country don't qualify for these deductions and our government is
widening the gap evermore.

Capt. Jeff



Good evening Captain. I really wanted to reply to this post of yours but
I promised to refrain from doing so based on the new spirit of this NG.

With that said I do hope you find your missing VHF connector (a plea made
by you to this NG at 3:51 p.m. today). Perhaps the money you save on
getting a used one vs. new one can be donated to the needy folks you
describe in your post.

Regardless, I do wish you and yours a Happy New Year.


BTW: How do the *poor* in the US afford a boat, a tricked out Cadillac with
custom aluminum wheels, cell phones and cable television? ;-)


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Harry:

Keep it about boats please.

  #10   Report Post  
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JimH
 
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Default Boat deductions


wrote in message
ups.com...
Harry:

Keep it about boats please.


And my reply was.




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