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#1
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While searching for the Town of Brunswick Maine I ran across the following:
The owner of watercraft located in Maine, unless otherwise exempt, is liable to pay an annual excise tax to the municipality for the privilege of operating that watercraft upon the waters of the State. I wonder how much tax you have to pay and how its assessed? Do we have to pay excise tax in all of the States or is it only in Maine? |
#2
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wrote in
: I wonder how much tax you have to pay and how its assessed? Do we have to pay excise tax in all of the States or is it only in Maine? South Carolina counties have a ripoff called "Personal Property Tax": http://taxweb.charlestoncounty.org/d...itor/faqs.html This is Charleston County's and is assessed at 10.5% of fair market value they get from some wizard-of-Oz, the same guy who puts prices on the boat at the most expensive brokerage in town....you know Catalina 22 - $86,500. Boat taxes in SC are just awful, so are new cars! I don't even look at new cars as I choose not to participate. Lucky for me poor black folks always show up at the polls in their old Caddy's and the politicians are deathly afraid of them, so an old Mercedes in fine condition costs me $13/year... (c; Old boats will also be that price, once they've depreciated down. A new Beneteau Beast keeps paying and paying and paying and paying..... The school district, in their palatial Taj Mahal on Calhoun Street, gets the biggest slice of it...you know...."for the children"...who go to school in a leaky office trailer. |
#3
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Larry wrote:
wrote in : I wonder how much tax you have to pay and how its assessed? Do we have to pay excise tax in all of the States or is it only in Maine? Most places have something. Virginia also has Personal Property Tax on both cars and boats. South Carolina counties have a ripoff called "Personal Property Tax": http://taxweb.charlestoncounty.org/d...itor/faqs.html This is Charleston County's and is assessed at 10.5% of fair market value they get from some wizard-of-Oz, the same guy who puts prices on the boat at the most expensive brokerage in town....you know Catalina 22 - $86,500. Boat taxes in SC are just awful, so are new cars! I don't even look at new cars as I choose not to participate. Lucky for me poor black folks always show up at the polls in their old Caddy's and the politicians are deathly afraid of them, so an old Mercedes in fine condition costs me $13/year... (c; Old boats will also be that price, once they've depreciated down. A new Beneteau Beast keeps paying and paying and paying and paying..... The school district, in their palatial Taj Mahal on Calhoun Street, gets the biggest slice of it...you know...."for the children"...who go to school in a leaky office trailer. |
#4
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From what I can see every states appear to have some Personal Property tax
or excise taxes of some sort on cars and boats not to mention municipal property tax. If an Hurricane or any pertinent act of god destroys personal property on which the government has levied taxes, Is the government committed to provide financial assistance for the replacement of personal properties that have been damaged of destroyed by hurricanes, storms and other acts of god. Many insurance companies do not provide coverage's for what they define as an act of god. Conversely If I want to buy a pre-owned boat will the owner provide me with the existing tax assessment? "Rosalie B." wrote in message news ![]() Larry wrote: wrote in : I wonder how much tax you have to pay and how its assessed? Do we have to pay excise tax in all of the States or is it only in Maine? Most places have something. Virginia also has Personal Property Tax on both cars and boats. South Carolina counties have a ripoff called "Personal Property Tax": http://taxweb.charlestoncounty.org/d...itor/faqs.html This is Charleston County's and is assessed at 10.5% of fair market value they get from some wizard-of-Oz, the same guy who puts prices on the boat at the most expensive brokerage in town....you know Catalina 22 - $86,500. Boat taxes in SC are just awful, so are new cars! I don't even look at new cars as I choose not to participate. Lucky for me poor black folks always show up at the polls in their old Caddy's and the politicians are deathly afraid of them, so an old Mercedes in fine condition costs me $13/year... (c; Old boats will also be that price, once they've depreciated down. A new Beneteau Beast keeps paying and paying and paying and paying..... The school district, in their palatial Taj Mahal on Calhoun Street, gets the biggest slice of it...you know...."for the children"...who go to school in a leaky office trailer. |
#5
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The excise tax isn't too bad for sailboats because it's based on
horsepower. It is much more for our cars. The lowest was for the airplane when I was flying, go figure. -- Roger Long wrote in message ... While searching for the Town of Brunswick Maine I ran across the following: The owner of watercraft located in Maine, unless otherwise exempt, is liable to pay an annual excise tax to the municipality for the privilege of operating that watercraft upon the waters of the State. I wonder how much tax you have to pay and how its assessed? Do we have to pay excise tax in all of the States or is it only in Maine? |
#6
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Most municipalities levy a property tax on real estate. That's how
they get money to operate, run the schools, etc. Do you expect the town/city to replace your house just becuase you pay tax on it? The "excise tax" in Maine is just a property tax like that except that it goes through the state and then back to the town. I think there were difficulties because a boat often isn't moored in the same town the owner lives in. It is based on a formula involving mostly horsepower and age, not an assessed value. wrote: From what I can see every states appear to have some Personal Property tax or excise taxes of some sort on cars and boats not to mention municipal property tax. If an Hurricane or any pertinent act of god destroys personal property on which the government has levied taxes, Is the government committed to provide financial assistance for the replacement of personal properties that have been damaged of destroyed by hurricanes, storms and other acts of god. Many insurance companies do not provide coverage's for what they define as an act of god. Conversely If I want to buy a pre-owned boat will the owner provide me with the existing tax assessment? Michael Porter Naval Architect / Boatbuilder mporter at mp-marine dot com www.mp-marine.com -- Posted via a free Usenet account from http://www.teranews.com |
#7
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On Tue, 08 Aug 2006 10:10:54 GMT, wrote:
From what I can see every states appear to have some Personal Property tax or excise taxes of some sort on cars and boats not to mention municipal property tax. NY and FL are sales tax only, can't speak for others but NH has traditionally been a low tax state, as has DL. |
#8
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Roger,,, you like paying taxes .. aren't you the one who wants a license for
boaters? AKA ... another tax. "Roger Long" wrote in message ... The excise tax isn't too bad for sailboats because it's based on horsepower. It is much more for our cars. The lowest was for the airplane when I was flying, go figure. -- Roger Long wrote in message ... While searching for the Town of Brunswick Maine I ran across the following: The owner of watercraft located in Maine, unless otherwise exempt, is liable to pay an annual excise tax to the municipality for the privilege of operating that watercraft upon the waters of the State. I wonder how much tax you have to pay and how its assessed? Do we have to pay excise tax in all of the States or is it only in Maine? |
#9
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"Thomas Wentworth" wrote in message
news:bG%Bg.7043$z12.3068@trndny02... Roger,,, you like paying taxes .. aren't you the one who wants a license for boaters? AKA ... another tax. Oh groan, not that red herring again. I am not in favor of licenses for boaters but I do think there should be some way to keep people who can't understand what they read off the water. Fortunately, imaginary boats can do no damage. Even better, they aren't subject to excise taxes or any other expenses. -- Roger Long |
#10
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