Tag Archives: yacht loophole

We can’t even get the Yacht Loophole Fixed?

So, this is rapidly breaking news here. As of right now, Assembly Members Price and Calderon abstained from voting on the yacht loophole fix. All other Dems voted yes, with Assembly Member Soto being out sick, we don't have the 41 votes necessary to fix the yacht loophole. What does it say if we can't get even this smallest of revenue fixes passed?

As an aside, apparently Sen. Denham is taking this recall effort seriously. He voted against some of the spending cuts. Interesting. I'll update when I learn more.  

UPDATE: The Yacht Loophole has failed. Call Assembly members Curren Price ((916) 319-2051) and Chuck Calderon (Tel: (916) 319-2058) to “thank” them for not bothering to support closing this tax loophole. I wonder how many yachts are being delivered to Inglewood and City of Industry, respectively. Nice to see the Assembly members putting their constituents first.  Contact them today to ask them why yachts are more important than education.

Of course the Republicans all either voted no or abstained. It looks like Denham will vote to fix the yacht loophole, but without the Assembly support, it doesn't matter all that much. More updates as I get them.

Price: Capitol Office:
State Capitol
P.O. Box 942849
Sacramento, CA
94249-0051
Tel: (916) 319-2051
Fax: (916) 319-2151

District Office:
One West Manchester
Boulevard, Suite 601
Inglewood, CA 90301
Tel: (310) 412-6400
Fax: (310) 412-6354

Calderon: Capitol Office:
State Capitol
P.O. Box 942849
Sacramento, CA 94249-0058
Tel: (916) 319-2058
Fax: (916) 319-2158

District Office:
13181 N. Crossroads Parkway
Suite 160
City of Industry, CA 91746
Tel: (562) 692-5858
Fax: (562) 695-5852