The TRUTH About John Kerry Message Board

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Politics : The TRUTH About John Kerry

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To: Glenn Petersen who wrote (1101)	4/17/2004 10:16:09 PM
From: sandintoes	Read Replies (2) of 1483

Kerry's wife can say her wealth is her own, but if her husband claims he owns the house, then they no longer are entitled to file separate returns...But this is just IMHO...and I certainly don't know much about taxes. In December '03, Kerry announced that he loaned his campaign $6.4 Million by mortgaging a share of a Boston home he jointly owns with his wife. Teresa Heinz Kerry paid cash for the Beacon Hill mansion in January 1995. But according To Kerry's own 1994 senate personal financial disclosure [signed May, 15, 1995], Kerry's own personal net worth was somewhere between a negative $130,000 to positive $34,995. The current loan on the house carries an annual interest payment of $200,000, records show, more than Kerry's $158,000 Senate salary. Kerry's campaign insists he intends to pay off the 30-year mortgage himself.

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