Skip to comments.Kerry: Yacht story 'our fault'
Posted on 07/30/2010 6:27:04 AM PDT by Sub-Driver
Kerry: Yacht story 'our fault' By: Andy Barr July 30, 2010 07:50 AM EDT
Sen. John Kerry (D-Mass.) said Thursday that he and his office mishandled the politics surrounding tax questions on his new $7 million yacht.
I dont think I dealt with it fast enough, effectively enough. Theres nobody to blame but myself for that, Kerry said Thursday in an interview with the Boston Globe.
Throughout the weeklong story, Kerry has insisted that he will pay whatever state taxes are owed estimated to be $500,000 on the yacht.
Kerry has so far not had to pay Massachusetts taxes on the boat because it is based in Rhode Island, saving Kerry from technically having to pay the Bay States sales, usage and excise taxes on the boat. But Kerry said the decision to have the boat stay in Rhode Island had nothing to do with tax issues. Aides have said work is being done on the recently purchased yacht in Rhode Island.
Id be crazy to think that Im going to be doing that, and that was never our long-term intention here, Kerry said of any speculation that he wanted to avoid taxes.
(Excerpt) Read more at dyn.politico.com ...
The funniest excuse I heard was on Hannity. The lib told him the reason it was in R.I. was that it had a hole in it that could only be fixed there.
This is just the tip of the iceberg. What lies beneath the surface?
The tax code is just too complicated for his pretty little head to grasp, don't you know.
Yawning, just another RAT trying to break a law that you MUST obey.
He didn’t deal with it fast enough?!?!?? LOL. How long was it sitting in RI??? I think he means “fast enough after I got caught.”
I'm Johnnnn Kerry and I'm...Here to pay my taxes.
How long has he been hiding the thing in Rhode Island? If he just bought it yesterday, I will give him a pass.
I’m sure it’s moored in Newport with a beautiful view of the bridge...for repairs to it’s “a hole”.
“The Massachusetts senator pointed out that he is not ‘legally’required to pay the taxes, but recognizes that politically the taxes must be paid.”
The Massachusetts senator pointed out that he has been caught trying to avoid the taxes he expects others to pay, so his political advisers have told him to pay up and claim there never was a plan to avoid the taxes at all.
Bingo! Same with Obama etc- they always think the problem is their style, or their message, and nt the substance of what they are doing. They imply we are too stupid to see and understand.
He is cementing his reputation as a lying sack of doo doo.
The focus has been on the taxes he skipped...but no one has questioned the purchase price of a new yacht by a Democrat, because the Dems are not rich...only the Republicans, right? But if it were a Republican who bought that expensive, luxurious, unnecessary, yacht...the media would be out there trying to sink it.
Kerry has so far not had to pay Massachusetts taxes on the boat because it is based in Rhode Island, saving Kerry from technically having to pay the Bay States sales, usage and excise taxes on the boat.
What kind of double talk is that? If the boats in MA he owes the taxes if in RI he doesn't. So if he's paying "whatever state taxes are owed" he's paying nothing.
Look, nobody begrudges anyone a chance to legally reduce their taxes, it's just that "progressives" like Kerry never met a tax they didn't want to hike. Therefore he should be paying above and beyond what he owes. I guess it's like Leona Helmsley said, "taxes are for the little people."
And an "a-hole" owns it too.
I don't mind that he bought a 7 million dollar yacht (that needed extensive repairs). But what pisses me off is that he is a United States Senator from Massachusetts and there are probably a dozen yacht companies in his home state that are dying for work, and he buys a foreign built yacht and then parks it in a neighboring state to have the "repairs" done.
If I lived in Massachusetts I would be furious.
But the people of Massachsetts are so stupid and ignorant and blinded by their socialist ideals that they will continue to support this tax cheating elitist and blame the republicans for all their ills. My guess is that the unemployed yacht builders in that state will vote for him next election and blame the Rich Republicans for their unemployment status.
The world is truly upside down.
Should have waited until he actually sailed it before breaking the story.
Sen. John Kerry (D)The former Presidential candidate leads all members of Congress with a net worth of $167.55 million. He has dozens of million dollar assets, and the bulk of his wealth actually comes from his wifes money.
Rep. Darrell Issa (R)Despite the recession, the California lawmaker has continued to increase his net worth to $164.70 million. He founded Directed Electronics, a car alarm manufacturer, and he has other valuable investments.
Rep. Jane Harman (D)This California Democrat has holdings in Harmon International Industries, an audio products company. In 2008, she reported a more than 50% decline in her minimum net worth, but shes still worth $112.13 million.
Sen. Jay Rockefeller (D)When you hear the Rockefeller name, you immediately associate it with wealth. This West Virginia Senator is currently worth at least $80.45 million.
Sen. Mark Warner (D)Warner is the richest of the 11 freshman lawmakers. He was the co-founder of Nextel telecommunications, making him incredibly rich. His minimum net worth is estimated at $72.37 million.
Rep. Jarred Polis (D)Polis is a serial entrepreneur. He first founded American Information Systems, and later sold it for more than $20 million. He then grew his familys greeting card business, and that sold for $780 million. After that, he founded ProFlowers.com and sold it for $477 million. His net worth is estimated currently at $71 million.
Rep. Vern Buchanan (R)Buchanan has many assets, including real estate, car dealerships, and investment accounts, making his net worth $49.79 million. The Florida Congressman has reported a sharp decline in net worth during the recession.
Sen. Frank Lautenberg (D)Lautenberg became rich from a payroll processing company he founded back in 1952. He maintains three blind trusts, and his total minimum net worth is $48.38 million.
Sen. Dianne Feinstein (D)The California Senator has an impressive portfolio that includes multiple trusts, real estate, and various partnerships. Her minimum net worth is estimated to be $42.94 million.
Rep. Harry Teague (D)Another rookie lawmaker, Teague earned his wealth by founding an oil services firm, Teaco Energy Services. His net worth is $40.63 million.
This POS made his money the old fashioned way, he married it. It's like he said during the campaign when asked why he has so many mansions and SUVs while lecturing us about our carbon footprint. "Oh they're not mine.". Well DUH Gomer, they belong to your WIFE!!!!
Kerry is a typical limousine liberal.
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