Massachusetts Hits Yacht Owner With Use Tax
When he purchased Odyssey the insurance paperwork indicated that he would be docking it in New Bedford (The famous whaling port just across Buzzard’s Bay where the fellow who you were to call Ishmael shipped out with Captain Ahab). Documentation with the Coast Guard and Homeland Security indicated Fairhaven was the home port. Probably worst was that Fairhaven was emblazoned on the stern of the yacht. And of course there was no use tax paid to Florida, which Mr. Brodsky had testified was the yacht’s intended home.
Review: Disrupted By Daniel Lyons, As Read By An Accountant
I ended up not having a tremendous amount of sympathy for Lyons. I encountered many of the problems he did as I had a bad culture fit in the waning days of my career and annoyed mysterious powers that be with my on-line presence. I don’t think I whined about it nearly as much, but that’s not what I found really interesting about Disrupted. It was the accounting stuff in there that really grabbed me. Balance sheets and income statements, the stuff of life.
Follow Me
Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.