My new post at Cato: “It’s as if the lawmakers in Annapolis didn’t realize that boats are mobile. I wish someone could have explained that to them.” [“Chesapeake Prosperity Sunk By Boat Tax“]
P.S. Not unrelated, Bloomberg video profiling Cherubini firm discusses ill-fated 1990 federal luxury boat tax, repealed after two years, which badly hurt U.S. boat builders by driving buyers abroad (via Chris Fountain).
