Skip to comments.Mass. Sen. Kerry docks yacht in RI, saving $500K (docking his family's new $7 million yacht there)
Posted on 07/23/2010 9:15:08 AM PDT by NormsRevenge
BOSTON Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State.
If the "Isabel" were kept at the 2008 Democratic presidential nominee's summer vacation home on Nantucket, or in Boston Harbor near his city residence, he would be liable for $437,500 in one-time sales tax. He would also have to pay $70,000 in annual excise taxes.
Rhode Island repealed those taxes in 1993. That has made the state something of a nautical tax haven.
(Excerpt) Read more at news.yahoo.com ...
The SS Flip-Flop
The F’er is smarter than he think we are.
kerry is a global warming lunatic is he not?? a big crap and tax liberal from what I know...
i wonder what this multi-million $$$ yatch does for the global warming cause...i mean i gotta assume he doesn’t send tereza down below to row the damn thing...
How many ways can Kerry demonstrate that he’s a prick?
Taxes are for the little people.
Even Democrats in MA can’t stand Mr. Kerry.
His initials “JFK” were almost always enunciated this way by beacon Hill pols: “Just For Kerry.”
Remember during the 2004 election, Kerry is standing in front of his townhouse on Beacon Hill, and a reporter asks him, “Senator, is that your SUV in the driveway?”
Kerry’s answer: “No, that belongs to the family.”
Exhibit #1: Reductions in taxes foster economic growth.
Corollary: Confiscatory taxation is counter-productive, and does not generate anticipated results or revenue.
There must be a WORD for a consummately unaccomplished, anti-American traitor (who should have been hung back in 1971), never worked a day in his life, living like a Sultan.
I am pretty sure teresa is the one sending the gigalo down to row....
Taxes for thee, my Massachusetts peons, but not for me. After all, I am a war hero and a member of the ruling class and who are you?
Yet he represents Massachusetts. Wow! That should be a campagne ad. He does not believe in his own state.
It’d be a shame if something bad happened to it... / sarc; no really!
how many more days does he have left to walk this earth?
But he cares, he really does. He says so all the time. Just look at how generous he is with our money. That proves he cares... at least it does to the typical brain-dead American voter.
And, “I have the hat!”
How many grains of sand are there on the beaches of the world?
Step One: He wakes up in the morning
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.