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


News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service