Monday, April 11, 2011

Conn., RI marine industry say taxes will sink them

Conn., RI marine industry say taxes will sink them - BusinessWeek

Owners of businesses that build and service boats worry proposals to tax boaters in Connecticut and Rhode Island could sink their industry.

Faced with big budget deficits, Connecticut Gov. Dannel P. Malloy and Rhode Island Gov. Lincoln Chafee (CHAY'-fee) have called for new taxes on boats and services like repairs and storage.

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