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Superyacht makers really need lobbyists

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My Washington Examiner colleague Timothy Carney, indefatigable chronicler of K Street, points out that the United States Superyacht Association has hired a Washington lobbyist. But they have at least some reason to do so. Back around 1990 congressional Democrats slapped an excise tax on the sale of superyachts. That’ll serve those rich people right! But of course the rich weren’t hurt....