Showing posts with label yacht. Show all posts
Showing posts with label yacht. Show all posts

Sunday, August 1, 2010

Irony: John Kerry Applauded Legislation Ending 'Blatant Tax Evasion,' Claimed It 'Repulsed' Him.


Senator John Kerry avoided over $500 thousand in taxes by berthing his new 76 foot Yacht in Rhode Island instead of Taxachusetts. After getting caught, he has paid the taxes now. Before John sails off into the sunset in his luxury yacht, this article from the Boston Herald is interesting.
The new law, Kerry said, would put an end to a system that allowed “powerful people to hide assets abroad and evade our tax laws.”

It repulsed me,” he continued, rather dramatically, “that while the average American plays by the rules and pays taxes, some of the biggest corporations avoid paying their fair share.” More here.

Apparently, John Kerry doesn't consider himself an average American.

Monday, July 26, 2010

John Kerry When Pressed About Yacht Tax Evasion: "Can I get out of here, please?"

The liberal elites who are running the country now think they are exempt from the rules that apply to ordinary people. This was highlighted last year by the revelations that many of President Obama's cabinet nominees had tax problems. More recently, we have Charles Rangel and John Kerry proving again liberals think they are the lords of common man and not subject to the same rules , or taxes, we have to live with. Of course, Kerry denies the obvious.

My Fox Boston has the complete story.
A spokesman for the senator says Kerry never intended to evade taxes...


Friday, July 23, 2010

The Most Liberal Senator Dodges His State Yacht Tax


Well known tax hiker and the man National Journal rated as the most liberal Senator four times, has registered his 76-foot luxury yacht in Rhode Island instead of his home state of Massachusetts. This move has saved him approximately $500,000 in sales and excise taxes. Liberals love to raise taxes, but they want someone else to pay them.

The Boston Herald reported:
Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I....

But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern....

Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000.

Kerry lost his most liberal Senator title to then Senator Barack Obama in 2007.