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10% Tariff on all boats from the US!

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Midnightsun
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10% Tariff on all boats from the US!

Postby Midnightsun » January 29th, 2019, 12:33 pm

Old news but I only realized this today. https://www.cbc.ca/news/canada/nova-sco ... -1.4708554
Cheers, Hans
2007 Carver 41 CMY
Twin Volvo D6-370's
Montreal, Canada
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Cooler
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Re: 10% Tariff on all boats from the US!

Postby Cooler » January 29th, 2019, 5:34 pm

Another fine example of " I'm with government, and we're here to help you." Yeah, right. Thanks for less than nothing. Hope it comes out OK for the average boat buyer/seller. The U.S. enacted a "luxury tax" in the late 80's. Almost killed the boat manufacturer's. It actually did kill Cruiser's Yachts, and Carver was shut down to almost nothing in the early 90's. The picture was bleak to say the least.
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tomschauer
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Re: 10% Tariff on all boats from the US!

Postby tomschauer » January 29th, 2019, 6:03 pm

The Luxury tax also killed Trojan and I'm sure others.
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Re: 10% Tariff on all boats from the US!

Postby bud37 » January 29th, 2019, 8:12 pm

One thing about that time...it has been the only time I sold a boat after years of owning it for more than I paid.... :-O
The above is strictly my opinion always based on years of doing...remember to support local business , it pays back.

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