New Study: “Cost & Consequences of the Federal Estate Tax” WASHINGTON, D.C. — Congressman Kevin Brady, the author of the House bill to End the Death Tax Permanently, is releasing a major study Wednesday morning from the Joint Economic Committee Republicans that proves the Death tax is harmful and ineffective taxation that hinders entrepreneurship, hurts […]
MRAA News
MDCE will Power your Profits!
Here’s a sneak peek at some of the tracks from the Marine Dealer Conference & Expo’s 2012 Powering Profits Track. The track features all-new topics for this year, and will provide you a well-rounded view into drive additional profitability to your dealership. Here are four of the tracks that will be featured. Tuesday, November 13 […]
Singleton Marine Group continues to expand
DADEVILLE, ALA. — The Singleton Marine Group continues to fulfill its expansion plans with the acquisition of Darrel Moore’s Marine in Spring, Texas. With the recent purchase of Phil Dill in Dallas, the Dadeville, Ala.-based firm is fulfilling its mission statement of steady growth through better customer service, and the acquisition of new facilities that […]
Buckeye Marine to open location in Muskoka
BOBCAYGEON, ONT — On July 14th, Buckeye Marine officially opened the Muskoka Boat Gallery at 1112 Juddhaven Rd., Minett, ONT. “We are excited to be expanding our sales operations into the Muskoka area. We feel that this will allow us the opportunity to explore a new market and expand our MasterCraft and pre-owned boat sales […]
Availability of funds for small business loans to increase?
If the U.S. Federal Reserve follows the lead of the Bank of England, it could help small business get loans from participating banks. Under such a program, the Federal Reserve would give banks very low interest rates on loans to small businesses and home mortgages. This could have a significant impact on marine retailers as […]
Incremental gains continue for marine bankers in 2nd quarter ‘12
Overall marine lending volume rose incrementally and an uptick on loans for new boats have been reported by NMBA members in a survey on their activity for the 2012 second quarter ended June 30. The spring report also marks the first reading in the past 18 months where all respondents said boat lending was the […]
No changes made to important boating fund
The following link goes to a very brief section of H.R. 4348, the “Highway Bill” that re-authorizes the Sport Fish Restoration and Boating Trust Fund through 2014. As you will read no other changes were made to this important fund, which was the unified position of the Anglers and Boaters Coalition, which the Marine Retailers […]
Secretary Seblius issues letter on Affordable Care Act
The letter, pertaining to the Affordable Care Act and available at the link below, is written by the Secretary of Health and Human Services and was issued to the 50 state governors. It was issued after the Supreme Court’s 5-to-4 ruling that the new law is constitutional. A key thing to remember about this law […]
MRAA joins coalition to oppose biofuel policies
The Marine Retailers Association of the Americas has joined the coalition behind SmarterFuelFuture.org to voice concern about the many negative effects of the Renewable Fuel Standard (RFS) and other biofuel policies. Other members of this coalition include BoatUS and the National Marine Manufacturers Association. The coalition’s educational website is intended to raise awareness about the […]
Congress reviews Longshore and BAT issues
At a July 12 hearing of the House Subcommittee on Investigations, Oversight, and Regulations of the Small Business Committee, Congress looked into problems with the newly written regulation on the Longshore issue and problems with interstate transportation of boats that is addressed by the Business Activity Tax Simplification Act (H.R. 1439). LONGSHORE — The Department […]