Thursday, May 20, 2004

Eric Zorn explains how the 'Yacht tax' is going to end up taxing the private sale of a lot more bass boats than yachts.

He goes into most of the issues people have with the change. Hard to enforce, will not meet the revenue numbers Blago is saying it will, etc.

But the 'Bass Boat' tax doesn't make it sound like rich guys are avoiding taxes...


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