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Tuesday, August 07, 2012

Sellers Say Tax Driving Big Boats Out of Md.

ANNAPOLIS, Md. - Hamilton Chaney lost a customer last week.

Dr. Richard Rende, a 60-year-old orthopedic surgeon from Steamboat Springs, Colo., told Chaney his 48-foot sailing catamaran would be departing early from Herrington Harbour North, the marina Chaney's family owns in southern Anne Arundel County.

On June 25, he arrived at the marina, where he pays $1,000 a month to dock. He has spent $30,000 in Maryland _ mostly on boat work with different companies, but also at local restaurants and hotels.

But Rende is leaving for Delaware to avoid Maryland's vessel excise tax, which would force him to pay 5 percent of the value of his boat if he stayed in the state longer than 90 days this year.

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4 comments:

  1. You can thank O'Alley and Conway for that. And, it's only going to get worse. If I owned a boat, I'd name it after O'Malley. "Bow Movement"

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  2. It will get worse,now the casinos are losing money and they want the taxpayers to keep,them open.

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  3. I heard the casino in Perryville is returning 500 of their slot machines.

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  4. Again the gov is trying to dig out of a hole with a shovel.I think he wants to run all the businesses and taxpayers out of the state so he can buy some cheap real estate.

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