WASHINGTON, D.C. — Tax reform might not be the most glamorous of topics on Capitol Hill but the drama surrounding the passage and signing of a federal levy package certainly caused quite a stir around the nation a few days before Christmas.
Pres. Donald J. Trump signed the approved tax reform...
One Response
What can be done to convince California to put a cap on sales tax on boats so that state collects some tax rather than most large boat purchases going out of state to pay nothing. Boats are highly overtaxed; both sales tax on purchase and annual property tax just like a home. Florida has an $18k cap which collects quite a lot of tax. California always seems to address its fiscal mismanagement by further increasing the already high tax rates. As more companies and taxpayers move out of the state to avoid the high taxes, the answer is to raise taxes on those who remain.