Last week, at an annual five-day boat show in Chicago, dozens of vessels filled the sprawling McCormick Place convention center. David and Tracy Lindke of Holland, Michigan, were among the shoppers.
The couple already has a 40-foot (12.2 meter) boat named “Stella.” They don’t currently take the deduction, although they said they will if they purchase a bigger boat.
Standing next to a $1.2 million vessel on display at the show, David Lindke predicted the proposal would hurt boat sales and ultimately the government. “You will lose more tax revenue than you would gain,” he said.
The bill is H.R. 2563.