To: longnshort who wrote (577602 ) 7/23/2010 6:26:12 PM From: Brumar89 Read Replies (2) | Respond to of 1570370 Yep, Kerry is dodging MA taxes on his yacht: Hanoi John Kerry, Tax Hypocrite Posted by Van Helsing at July 23, 2010 11:50 AM As a left-wing Senator, Hanoi John Kerry rarely encounters a tax he doesn't like — unless it comes to paying them: 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 Rhode Island repealed those taxes in 1993.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. Characteristically, the Kerry camp cannot refrain from telling insolent lies: Kerry spokesman David Wade said Friday the boat is being kept at Newport Shipyard not to evade taxes, but "for long-term maintenance, upkeep and charter purposes." Sure. Pull the other one. It's quite a boat by the way: The 76-foot sloop has two cabins, a pilot house fitted with a wet bar and cold wine storage, according to the Boston Herald, which first reported its Rhode Island berthing. His wife the Ketchup Queen must have spent a pretty penny on it. Paying the taxes too would just be too much. Fortunately, as Dem donor Leona Helmsley liked to say, "Only little people pay taxes." By the way, Jean François is a crusader against off-shore tax havens, because "while the average American plays by the rules and pays taxes, some of the biggest corporations avoid paying their fair share." Some of the biggest corporations — and some of the biggest hypocrites.moonbattery.com