Many may not know it but The Sport fishing industry has been taxed for years. Every hook, Lure, fishing pole, reel, line and sinker has an added tax that is paid for at the manufactures or importer level. These taxes are all put into a general fund and divided up between the states and territories. These funds go for fisheries improvement, related educational programs, and promotion of sports fishing. Every time a hook is purchased a small percentage of this built in tax goes to into the fisheries fund. This tax has created millions every year for many programs like Lamprey control in the Great Lakes, artificial fishing reefs in Florida, trout stream restoration, and many other habitat protection and improvement projects that involve the fisheries in the USA.
What about creating such a tax for the Marine Ornamental Industry (MOI)?
This may be the best way to provide the cash needed to fund the reforming of the industry and could also be very beneficial in the education of the hobbyist.
Your thoughts on this?
Mike King
What about creating such a tax for the Marine Ornamental Industry (MOI)?
This may be the best way to provide the cash needed to fund the reforming of the industry and could also be very beneficial in the education of the hobbyist.
Your thoughts on this?
Mike King