The Texas House Ways and Means Committee has approved a tax break for those who want to buy yachts costing $250,000 or more.
In a vote late Thursday, the committee approved a bill by Houston Republican Rep. John Davis. The proposed law would cap the maximum sales tax the state would collect on the sale of a personal boat.
Davis says the measure is needed because Florida has a similar law and boat buyers are going there to make their purchases. The measure passed on an 8-3 vote along party lines.
Because it's so obviously in the name of the public good.
1 comment:
Well, of course it's in the public good. Just think of all the jobs those yachts provide, with their maintenance and need for servants.
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