Newport Beach yacht owners are having the most massively petulant sad because -- with their silt-filled harbor undredged since World War II and their seawalls crumbling -- the City Council has to raise money to pay for its at-risk infrastructure. This means the yacht owners will no longer be able to pay ... wait for it ...
"Can it, buddy!"
Yeah...but I bet having proper flood control and strong seawalls will bring smiles to a lot more.
A curse upon him
$3100 increase / 999,000 smiles = who the fsck do you think you're kidding, Bob McCaffery?
Does that tax apply to those using the VIP entrance to the harbor?
Camel. Eye of needle. Socialism!
If you can dock your boat somewhere else, and pay less, then move your boat. If not the free market has spoken.
They're technically second homes to qualify for the mortgage interest deduction.