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When Government Tries to Tax The Rich, Senator Kerry Docks His Boat in Rhode Island.

July 28, 2010

Kerry may need to pay $500k tax on yacht

There are new details in the controversy over Sen. John Kerry’s brand new boat.

Kerry may still be on the hook for a half million dollars in excise taxes because he docked his yacht in Massachusetts less than six months after buying it.

The controversy came up following a report that Kerry moored the multi-million dollar yacht in Rhode Island , rather than the Bay State to save on sales tax.

A spokesman for the senator says Kerry never intended to evade taxes and kept the boat in Rhode Island for maintenance reasons.

If it wasn’t for the fact that Kerry is so good at spending other people’s money, I would say good for him. However in the case of elected politicians (I don’t care which party) that are addicted to spending OPM (Other People’s Money) I say let’s tax and spend their money first. Kerry should have to pay every dime for what he has done to the American Taxpayer and Massachusetts should make sure to include penalties and interest compounded by the second.

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