
The Rising Tide
(39m,
USA)
Directed by:
George Valencia
Short Documentary
Synopsis
Despite his
promises.....No new taxes, in 1990 President George H.W. Bush signed a budget
package which included a new Luxury Tax. This simple act, while necessary to get
the budget approved,
dealt a devastating blow to the US yacht building industry. Among those impacted
by the new tax were
the employees of Viking Yachts in New Jersey. After the suicide of one of their
employees, Viking’s owners,
Bill and Bob Healey, mounted an aggressive campaign to repeal the Luxury Tax.
Determined to spare their
company from bankruptcy, the brothers tireless, three year battle also helped to
save an industry.