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Kerry blames himself for flap over yacht tax (Berther avoided ANNUAL excise tax? HUGH CAPTION!)
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| 7/31/10
Posted on 08/01/2010 2:16:38 PM PDT by Libloather
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The payment represents $437,500 in one-time sales taxes, plus about $70,000 in annual excise taxes.
And when did Effin' Kerry purchase the 'sailboat' exactly? He may owe a ton more!
Kerry irritated by yacht questions
By ANDY BARR | 7/27/10 1:02 PM EDT
Updated: 7/28/10 4:10 PM EDT
Sen. John Kerry (D-Mass.) says he will pay all taxes owed on his new $7 million yacht.
As weve said from the beginning, we have always complied with tax laws and we always will, Kerry said in a statement Tuesday. Weve reached out to the Massachusetts Department of Revenue and made clear that, whether owed or not, we intend to pay the equivalent taxes as if the boats home-port were currently in Massachusetts. That payment is being made promptly.
The yacht became a local issue over the weekend after the Boston Herald reported on Friday that Kerry was docking his new family boat in Rhode Island, thus avoiding nearly $500,000 in Massachusetts taxes.
If Kerry were to move the yacht to Massachusetts within six months of its purchase, the state would assume it was bought for in-state use and tax it accordingly. If the boat were to remain in Rhode Island, however, Kerry would not be required to pay Massachusetts taxes.
http://www.politico.com/news/stories/0710/40277.html
To: Libloather
In the memo part on the check, John can write “Got Caught”
2
posted on
08/01/2010 2:18:15 PM PDT
by
Sacajaweau
(What)
To: Libloather
Kerry moved to end the controversy this week by saying he would write Massachusetts a check for about $500,000 But will he give the check to Massachusetts.. that is the question.
3
posted on
08/01/2010 2:19:54 PM PDT
by
WilliamofCarmichael
(If modern America's Man on Horseback is out there, Get on the damn horse already!)
To: Libloather
I said to people, on day one, we will pay all taxes, all taxes, theres no issue here, he told the newspaper.
John Kerry is so FOS his eyes are brown.
4
posted on
08/01/2010 2:20:22 PM PDT
by
ILS21R
("Every night before I go to sleep, I think who would throw stones at me?", she said)
To: Libloather
"I'm being Shiftboated!"
To: Libloather
"What, you want to see my berth certificate?"
To: Libloather
Kerry looks like the morning after the night before!
7
posted on
08/01/2010 2:21:44 PM PDT
by
Farmer Dean
(stop thinking about what they want to do to you,start thinking about what you want to do to them)
To: Libloather
"Reporting for duty . . . free docking!"
To: Libloather
"John Kerry has your back . . . taxes!"
To: Libloather
He said he had not yet taken final ownership of the boat because changes were still being made by the designer, but that he could take possession within the next few days.
What'ya wanna bet he doesn't take possession in the next few days. This'll end the controversy. Till later when no one is watching will he take possession.
10
posted on
08/01/2010 2:23:51 PM PDT
by
rawcatslyentist
(Jeremiah 50:31 Behold, I am against you, O you most proud, said the Lord God of hosts.)
To: Charles Henrickson
Just why doesn’t he throw his yacht over the White House fence? Pompous dingus.
11
posted on
08/01/2010 2:23:52 PM PDT
by
hal ogen
(CCE)
To: Libloather
"Lovey said it was a FREE yacht!"
To: Libloather
Taxes are for the little people who actually work to pay them.
13
posted on
08/01/2010 2:24:32 PM PDT
by
cripplecreek
(Remember the River Raisin! (look it up))
To: PJ-Comix; Charles Henrickson
Pinched that ‘berther’ crack from your funnies.
14
posted on
08/01/2010 2:25:27 PM PDT
by
Libloather
(Tea totaler, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
To: Libloather
.
15
posted on
08/01/2010 2:25:45 PM PDT
by
Cobra64
To: Libloather
whether owed or not, we intend to pay the equivalent taxes as if the boats home-port were currently in Massachusetts. ya gotta be kiddin me...
16
posted on
08/01/2010 2:28:12 PM PDT
by
Chode
(American Hedonist *DTOM* -ww- NO Pity for the LAZY)
To: Libloather
"What's up, dock?"
To: Cobra64
is he wearing blusher...make up? Or is he drinking too much??
To: Libloather
He said he had not yet taken final ownership of the boat because changes were still being made by the designer, but that he could take possession within the next few days. I bet that thing looks really pretty when all 48 galley slaves are rowing in unison.
To: Charles Henrickson
I can almost see where the Botox was injected.
20
posted on
08/01/2010 2:31:12 PM PDT
by
Libloather
(Tea totaler, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
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