There is a bill in congress HR 1702, "Ending Taxpayer Subsides for Yachts Act. In a nutshell if you have a boat loan and can use the deduction of the interest when filling your taxes on a yearly bases (you can live on it) congress whats to take that away.
Please contact your local elected offical and voice your opinion.
Remember in the 80's when the daddy bush came out with the tax stickers and just about killed the boating industry with that brillant idea? They are trying to do it again.