John Lowe: GA helping wealthy

July 25, 2013 

GA helping wealthy

I actually have a family member who sells yachts for a living. He tells me that many of his customers pay cash for these multi-million dollar boats. Does anyone with that much liquid capital worry about how much sales tax they will pay?

This $1,500 cap on yacht sales tax is the most blatant evidence to prove who our legislature is focused on protecting. The wealthy have great friends in Raleigh. The rest of us – just tighten our belts.

John Lowe

Raleigh

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