February 18, 2017
Thursday, the Georgia House voted 152-14 for House Bill 125, which would give some owners of big boats and yachts a sales tax break if they get their vessels repaired or retrofitted in Georgia. “…exemptions from state sales and use taxes, so as to create an exemption for certain tangible personal property sold or used to maintain, refit, or repair a boat during a single event to the extent that the aggregate value of such property exceeds $500,000.00.”
Lawmakers once again proved this week that having a lot of money and being a political donor or potential political donor, will get you big tax breaks.
“Within a few hours Thursday the Georgia House approved a tax break for owners of some pricey boats, and the chamber’s tax committee backed another break that would help Delta Air Lines, which recorded a $4.4 billion profit last year.”
“The two tax breaks come at a time when legislators are moving to assure that the state can collect taxes from people who buy goods online, have ignored legislation to raise the state minimum wage and are considering a bill that could raise taxes when you buy a used car.”
Average citizens who scrape together enough money to buy a used car to take their kids to Little League practice will pay higher taxes, and campaign donors who entertain politicians on their million dollar yachts get a tax break. Yep! Business as usual in Georgia.
Read the article posted in the AJC here:
“If you’re politically connected, the General Assembly is apt to help you out,”
New tax breaks in the works in Georgia House for rich, prosperous
Posted: 12:00 p.m. Friday, February 17, 2017
Citizens, be informed and stay informed! Only by being informed, can the citizens understand what is being done and talked about, and then press our officials to make good decisions for everyone in Jasper County. That is our goal with the Taxdogs blog.