On Thu, 25 Jun 2009 16:40:15 -0500, Vic Smith
wrote:

On Wed, 24 Jun 2009 22:20:55 -0400, Zombie of Woodstock
wrote:

On Wed, 24 Jun 2009 22:00:15 -0400, Wayne.B
wrote:

On Wed, 24 Jun 2009 16:58:34 -0700 (PDT), Tim
wrote:

OK, so-- what makes a Hatteras so special?

Good design, good engineering, good construction, nicely finished.
Other than that, nothing special. :-)

Hatteras and Bertram both fell victim to the ill advised 10% boat
luxury tax of 1990. It drove construction overseas for a while and
mass produced, high quality boat building in this country never fully
recovered.

The Ted Kennedy Tax - killed most of RI's builders too.

According to this it was Bush 1 and Dan Rostenkowski.
You can buy the DVD.
Think they got Rostenkowski later on for stealing postage stamps.
Massively lowered the cap gains tax at the same time.
According to this.
http://www.boattest.com/Resources/vi...px?NewsID=3482
But everybody can write their own history.
Even burn it on a DVD.
Ain't technology wonderful?!

Sure is.

http://online.wsj.com/article/SB1041...976794664.html

http://article.nationalreview.com/?q...YyZTM4YjQ0YWI=

It's still called the Ted Kennedy tax to this day.

Bush I didn't have much choice in the matter.