Boatyard manager: Conn. tax hike will help R.I.

Publish date:
Social count:

Rives Potts is an accomplished bluewater sailor and general manager of Brewer Pilots Point Marina in Westbrook, Conn.

Like many other states, Connecticut is struggling with a budget deficit. Newly elected Gov. Dannel Malloy is proposing cuts and tax increases to balance the budget.

Malloy wants to end longtime sales tax exemptions on winter storage fees for boats, marine repair and maintenance and the value of a trade-in, and add a 3 percent luxury tax on boats selling for $100,000 and above.

Potts wrote an opinion piece that ran Saturday in the Hartford Courant, speaking out against the boat taxes.

Click here to read Potts' column.


MRAA welcomes new partner member

Marina and marine management software provider DockMaster has become the newest partner member of the Marine Retailers Association of the Americas.

Caterpillar to close two facilities

Caterpillar Inc. will close two facilities in Texas and Panama and is considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, according to Reuters.

Brunswick executive honored by Savoy magazine

Danielle Brown, vice president and chief information officer for Brunswick Corp., was recently honored among the "Most Influential Blacks in Corporate America" as chosen by Savoy Magazine, a leading African-American lifestyle publication.