[quote=klozhald][quote=jonathan162]Here's another interesting point for my "whither catamarans" paper that I don't think was raised in that thread (though I should go back and confirm). My question would be why an onerous tax on boats over $100K should affect a market in which most boats cost a fraction of that.[/quote]
Supply and demand.
When the big boys go under and no longer buy the materials, the materials suppliers go away too, and prices go up. There is less financial support for the sport, less visibility, less advertising, and the sport went out of every day consciousness.
The firms building those big yachts were the same one building the smaller craft, and they dried up. As I mentioned, repealing the tax did nothing, as the damage was done and world markets had popped up to adjust.[/quote]
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