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It's not an elitist just -- Senator Kerry is gonna -- job for the boat that got that a boatload of the -- probably you've heard about this Massachusetts Senator John Kerry announced that.
He will it is -- nearly half 1000000 Nazis -- morning is seven million dollar but we're told it is not a yacht.
All of Rhode Island not his -- state waters.
The senators saying and I quote whether old or not we intend to pay the equivalent taxes.
Has that the -- home court we're currently in Massachusetts PS get off Mike -- back.
It's it's -- its android to run out of governor Donald -- -- Whose low tax policy on boats started this -- so the senator -- governor governor joins -- right now governor that.
-- -- on Mel I'm okay now what do you make of what Senator Kerry is doing paying all these tax -- even at the boat.
Remains -- off your barn -- -- I think he's made a good judgment he's got -- his home turf.
And this has become a big issue Rogers said they'll you know this -- been for us as you said earlier and so it up a huge -- -- story we we have been.
Generating a whole industry here it's all about tax policy and we abolished attacks -- boats back in 1993.
And in the intervening period we have over 2000 mobile companies that have been -- employing almost 7000 people.
Generating close to two billion dollars a year in sales activity.
Well definitely something because I don't know -- welcome here they have both got an undesirable because this guy can say roughly have a million bucks.
Just you know or moving a few miles south -- your source.
On its -- be considerable what what is it is about possessions tax what what what is it called it gives in this great or did.
Great effort to what we don't have any sick any any sales or what's -- and excise -- use tax on on boats in Rhode Island -- So what if you went out and bought yourself a nice yacht you know worth a half a million dollars or million dollars.
If you're -- in Rhode Island you normally would have a 7% sales tax on that -- Massachusetts it's six and a quarter percent right now.
In Iran we don't have that tax so we are right now.
Our -- I don't know he's not -- intervenes and all these stuff these sailors and skippers and yachtsman though.
Mean what what what about that -- your -- must be favorable there as well.
Yes they are what -- they are and and their fair it will rebuild the whole industry here that's been very successful if you come -- and Newport you know oil well from your years here -- you you'll see both from all over the world.
Actually being worked on maintained repaired servers all of that and.
What was your heart and lesbians on the -- -- -- as -- -- when when the senator staff said when this first Lamotte.
That this was the only state that is your state where this kind of stuff to be done.
-- lover on.
Let them run and but -- not the only place that does this boats can be repaired worked on updated it -- it also brought in Connecticut off them.
The harbors of Massachusetts so that didn't seem like it -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- That you know what you say is partially true but there are no facilities on the East Coast as extensive as they are new book -- -- Portsmouth personal.
-- begged you to servicing.
Yachts large yachts come from all over the world to be maintained.
I hear you really got to go down to probably Florida -- facilities as extensive as we have here.
It's changed a lot Nielsen's -- years it here in Rhode Island -- and it's become mode -- real important part of our economy.
You know Senator -- I'll always go a lot of votes -- larger ones that that are home based here.
Because they avoid the sales and use taxes that's what tax policy is about you know it.
Look at the states that are growing I have no income tax in -- -- you're -- -- a country that.
I'm -- million dollars available -- island because it didn't require you to be a genius to advance your career becomes somewhat of a success it worked for me.
Governor -- TJ do you want all this did some great buzz on -- well deserved good.
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