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How much tax do you really pay to have a boat?

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How much tax do you really pay to have a boat?

Old 08-05-2010, 09:17 AM
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Default How much tax do you really pay to have a boat?

I just got back from renewing my FL numbers and wow. $126.13 for 12 months from when my numbers expired! ˝ of this goes to a County Fee. Why does the County get money for my FL numbers? This got me thinking about all the tax I pay to have a boat.

Sales tax when you buy a boat.

FL / State reg numbers every year.
Trailer tag every year.
FL fishing License every year
Lobster tag every year.
Snook tag every year.
Tarpon tag every fish! (I don’t take tarpon but $$ if you do)
County boat ramp sticker every year.
Road tax on every gallon of fuel.
Oh and sales tax on everything else.

Plus I get a fine once and while for some dumb crap like expired flares

Seriously WTF this is over $400 before the road tax on corn fuel that is subsidized with my federal tax $ and is ruining my boat!

Hey you but-nuts why not institute a federal SCUBA license fee? You missed that one. I think about $95 per year would do it.

Sorry for the rant, but this is nuts!

Serenity now… Serenity now….
Old 08-05-2010, 09:24 AM
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Joe
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Youre lucky you don't have property taxes that come every year--and that'd the full amount, whether you own the boat for one minute or all year long. Since I've had two boats this year, ill have two property tac bills...probably about $1100.
Old 08-05-2010, 09:27 AM
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Your elected government officials are hard at work to collect all of these taxes. It is a most difficult job, and that is why we must pay many of them 6 figure salaries, plus a half pay pension after 20 years of this difficult work. The american way!
Old 08-05-2010, 09:36 AM
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Originally Posted by Joe View Post
Youre lucky you don't have property taxes that come every year--and that'd the full amount, whether you own the boat for one minute or all year long. Since I've had two boats this year, ill have two property tac bills...probably about $1100.

Yea I have a friend who lives in SC...always found it strange when he said he had to pay every year for his boat and cars.....on the flip side though his property tax on about a 2 acre lot and 3000 sq foot house is something like a $1K and mine here in NJ is quickly approaching 10K. I'll take a couple grand in vehicle tax over 10k any time!
Old 08-05-2010, 09:40 AM
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Florida eliminated the Florida intangibile property tax which collected a lot of money especially from wealthy individuals with large holdings of stocks.

Then the economy crashed and the state is hunting for money.

Now the big increases in such things as boat and auto reg. fees which effect everyone aren't considered a tax. They are called "user fees". The republicans who control our state do not believe in raising taxes.
Old 08-05-2010, 09:43 AM
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Originally Posted by RWilson2526 View Post
Yea I have a friend who lives in SC...always found it strange when he said he had to pay every year for his boat and cars.....on the flip side though his property tax on about a 2 acre lot and 3000 sq foot house is something like a $1K and mine here in NJ is quickly approaching 10K. I'll take a couple grand in vehicle tax over 10k any time!
We get a little break in taxes cause we have to deal with all the northerners living down here and telling us how great is..back home

I kid. Sort of.
Old 08-05-2010, 09:53 AM
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At least we do get the road taxes back on our fuel here in NC. Do pay property taxes on the boat though. And fines...well that's easy enough to avoid.

Ray
Old 08-05-2010, 09:55 AM
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RI ~~~~~~~~~ zero tax, period!
Old 08-05-2010, 10:24 AM
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Come to GA....$36 for 3 years for the boat registration and no tax on used boat sales as long as they are person to person.

The downside is we pay ad valorem (personal property tax) on vehicles, boats and trailers. While its a sliding amount based on the value of the vehicle, its still several hundred bucks a year.

Can't win either way.....
Old 08-05-2010, 10:31 AM
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You forgot/didn't know about the 10% Tax on Recreational items, it is call the Wallup-Breaux Fund, it's a federal tax that they keep well hidden. We just think that manufacturers and sellers are gouging us on fishing gear.
Old 08-05-2010, 10:51 AM
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You forgot beer!


You want to play - you gotta to pay.
Old 08-05-2010, 12:44 PM
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I can't forget the beer tax....
Old 08-05-2010, 02:27 PM
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When I bought my boat I looked into getting the Maryland registration and in order to register my boat I would have had to pay 6% of the purchase price! That is over $3000.00! I am in the military so there is a law that says I can wait one year before registering my boat in MD. I left the registration in Georgia - which was current - and just transferred the numbers to my name...cost about $20 for three years. Luckily we will be out of the state before my one year is up!
Old 08-05-2010, 02:46 PM
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Default Taxes?

Originally Posted by SeaJay View Post
Your elected government officials are hard at work to collect all of these taxes. It is a most difficult job, and that is why we must pay many of them 6 figure salaries, plus a half pay pension after 20 years of this difficult work. The american way!
Here's some elected officials at work:
http://www.frontporchrepublic.com/20...local-control/
Old 08-05-2010, 03:47 PM
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I grew up in New Jersey, and I have been in the military the last 23 years. I have a good appreciation on taxes and fees from many states. I will say I have never lived in Fl, but I have lived/stationed in SoCal, Pa, Va, La, and Tx. New Jersey taxes are the worst and is followed in no particular order by Cali and La for total taxes/fees. If you add in the misc BS cost of life increases (gas prices etc...) for Cali and it is a toss up between the two in my opinion.

The shame is I had to move my 75 year old mother in with us because she could not afford the taxes for her house in NJ (long paid for), problem was they kept raising property taxes with no sense of reality. She now lives with us and I pay around $2,500 a year for property taxes and insurance for a 5 bed 4.5 bath 5,300 sq ft home. Which was 1/3 of her property tax bill for her 1,800 sq ft ranch home in Jersey. Yes I will have to pay personal property tax on my boat and trucks but that is not even close to her property tax on her house she sold in Jersy

I am a fan of the pay to play idea so we do not end up forcing people out of their homes when taxes get out of control. What I do not get is taxing an specific area and using the the taxes colected for something unrelated (e.g. auto taxes paying for clean needles for drug addicts).
Old 08-05-2010, 05:28 PM
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Default No new taxes in florida!!

Originally Posted by swj View Post
Florida eliminated the Florida intangibile property tax which collected a lot of money especially from wealthy individuals with large holdings of stocks.

Then the economy crashed and the state is hunting for money.

Now the big increases in such things as boat and auto reg. fees which effect everyone aren't considered a tax. They are called "user fees". The republicans who control our state do not believe in raising taxes.
THANK GOD!! For those of you that want to pay more taxes (Wealth Redistribution) please feel free to take I95 North.
Old 08-05-2010, 06:20 PM
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One reason your boat fees are so high is you don't send the state a substantial portion of your income as a tax. One thing is certain - the government will decide how much of your money they want to piss away and then they will decide how they will get it from you.
Old 08-05-2010, 07:39 PM
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I purchased my boat in Maryland and the dealer registered the boat for me in Maryland. I paid 5% sales tax. I moved the boat to NJ and had kept the Maryland registration for a few months but moved to NJ registration once my 'grace period' expired. Ironically, Maryland sent me a renewal - 2 years for $24 in registration. In NJ, it's $56 per year, and I had to pay a small title transfer fee about $50. Luckily in NJ, if you paid sales tax in another state they don't charge you sales tax, or the difference in sales tax (NJ is higher at 7%).

We don't have to pay any more taxes than the registration fee to keep the boat in NJ, however, wanna pay my 10,500 property tax bill?

I'd rather pay $1000 a year property tax on my boat in $2000 a year in taxes on a similar house in the carolina area.

My job, family and other things are keeping my in NJ, for now but not for ever.
Old 08-05-2010, 07:51 PM
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All you guys need to do is move just a little further south. I hear the tax rate in mexico is very low. Of course, you have to pay for police protection, and fire protection, and cocaine protection, but you won't have to worry about excise taxes or unions. Plus, the politicians are largely self funding.

Everyone is happy.
Old 08-05-2010, 07:57 PM
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RI ~~~~~~~~~ zero tax, period!

Yeah, but look where you'd have to live ...

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