Luxury tax repealed

Article Abstract:

The repeal of the luxury tax on new boats costing more than $100,000 will give both an economic and psychological boost to the boating industry. Pent-up demand should increase boat sales, but they will not reach the all-time high of 1988.

Yachts and yachting, Yachting, Yachts

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Trends '98

Article Abstract:

Many major powerboat firms have undergone big changes in 1998. Large recreational boat firms, such as Brunswick, are increasingly growing. Independent boating companies, including Viking Yachts, are getting bigger and stronger.

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A better spring

Article Abstract:

Recreational boating companies are offering their own financing plans in hopes of improving 1992 sales. Many potential buyers do not realize that the 10% luxury tax applies only to boats costing at least $100,000.

Marketing, Boats and boating, Boating, Boats

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