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Pharma Investments, Ventures & Law Weekly

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California Nurses Association



California Nurses Association, Courage Campaign, Arianna Huffington Team up for 'Yacht Party 2' TV Ad



June 1st, 2008

The California Nurses Association and Courage Campaign have released a new ad branding the California Republican Party as the "Yacht Party" for its continued support of a tax loophole that allows buyers of yachts and private jets to avoid paying sales tax in California. The ad, titled "Yacht Party 2," will air tonight in Sacramento the day before Governor Schwarzenegger presents his revised budget cuts to reduce what he estimates is a $20 billion state budget deficit. The ad is being aired two days ahead of schedule, due to substantial support from an online fundraising campaign launched to Courage Campaign members on Monday.

The "yacht tax" -- so-called because it...


Source: Pharma Investments, Ventures & Law Weekly (2008-06-01)

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