[E. Pluribus Unum]

Boat Luxury Tax Drives an Industry Aground - https://www.nytimes.com/1991/01/03/opinion/l-boat-luxury-tax-drives-an-industry-aground-926091.html

[Calvin Locke]

I remember it putting people out of work at Boston Whaler, as one example.

OTOH, JF'nK got to cruise around with much fewer peons in small boats getting in his way.

[Hulka]

Indeed.

All those very skilled experts that actually build the yachts (and private aircraft and luxury homes as well) will be lost, all those skilled workers thrown out of a job or forced to abandon their skill-set for jobs that less pay as they build lower end products that don’t need the same level of polish and detail work.

[SkyDancer]

Didn’t Carter do something like tax the boat industry and almost destroyed it along with hundreds of jobs?

[Elsie]

Warren wrote. “I’m pretty sure he can pay my new #UltraMillionaireTax to help the millions of yacht-less Americans struggling with student loan debt.” so I am proposing a bill to STEAL more of his money to buy votes from folks who are going to go bankrupt trying to pay their legal obligations.

[july4thfreedomfoundation]

When former Maine senator George Mitchell (Dumbass, Maine) pushed through the so-called “luxury tax” on boats and other items, a lot of young guys with families here in Maine lost their jobs because demand for new boats dropped.

I believe used boats were exempt from the tax.