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BUSINESS
January 31, 1992 | KEVIN E. CULLINANE, SPECIAL TO THE TIMES
Tim Hanson had heard that the luxury tax placed on expensive boats could be lifted, but as he helped set up for the Southern California Boat Show at the Convention Center, the news was just sinking in. "Yee-haw!" crowed Hanson, service manager for Marine Center Inc., a Pomona power boat dealership. "The taxes on boats are discouraging a lot of people from buying them. If they drop the tax, I bet things will change."
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BUSINESS
March 27, 1999 | JAMES F. PELTZ, TIMES STAFF WRITER
Upheaval in the U.S. naval shipbuilding business might soon prompt Litton Industries Inc. to make waves. After years of consolidation in the troubled industry, only four major builders of U.S. naval vessels remain, one of which is the Ingalls Shipbuilding division of Litton, a Woodland Hills-based concern that also specializes in defense electronics gear. The shipbuilding industry's leader, General Dynamics Corp.
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BUSINESS
March 27, 1999 | JAMES F. PELTZ, TIMES STAFF WRITER
Upheaval in the U.S. naval shipbuilding business might soon prompt Litton Industries Inc. to make waves. After years of consolidation in the troubled industry, only four major builders of U.S. naval vessels remain, one of which is the Ingalls Shipbuilding division of Litton, a Woodland Hills-based concern that also specializes in defense electronics gear. The shipbuilding industry's leader, General Dynamics Corp.
BUSINESS
January 31, 1992 | KEVIN E. CULLINANE, SPECIAL TO THE TIMES
Tim Hanson had heard that the luxury tax placed on expensive boats could be lifted, but as he helped set up for the Southern California Boat Show at the Convention Center, the news was just sinking in. "Yee-haw!" crowed Hanson, service manager for Marine Center Inc., a Pomona power boat dealership. "The taxes on boats are discouraging a lot of people from buying them. If they drop the tax, I bet things will change."
NEWS
January 27, 1992 | ART PINE, TIMES STAFF WRITER
President Bush plans to ask Congress on Tuesday to repeal the luxury tax on yachts that lawmakers enacted in late 1990 and may seek to end similar levies on private aircraft, automobiles, jewelry and furs, White House officials and lawmakers said Sunday. The White House is expected to portray the move as a bid to help restore jobs.
NEWS
January 27, 1992 | ART PINE, TIMES STAFF WRITER
President Bush plans to ask Congress on Tuesday to repeal the luxury tax on yachts that lawmakers enacted in late 1990 and may seek to end similar levies on private aircraft, automobiles, jewelry and furs, White House officials and lawmakers said Sunday. The White House is expected to portray the move as a bid to help restore jobs.
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