Tuesday, July 27, 2010

Kerry Tacks Back to Massachusetts to Pay Taxes

Sailing into some pretty angry headwinds aren't you, John?

"If Mass. taxes Kerry’s yacht, he’ll pay, aide says; Senator’s vessel is docked in R.I." by John M. Guilfoil, Globe Staff | July 27, 2010

US Senator John F. Kerry will pay taxes on his $7 million yacht if Massachusetts determines he owes any, his spokeswoman declared yesterday.

“Whatever the Department of Revenue determines that he owes in Massachusetts taxes, he will pay,’’ Brigid O’Rourke told the Globe last night. “He will absolutely pay any and all taxes that he is found to owe.’’

The Boston Herald reported Friday that the Democratic senator was docking the vessel Isabel, his family’s new luxury yacht, in Rhode Island, allowing him to avoid for now the prospect of nearly $500,000 in Massachusetts sales taxes and $70,000 in annual excise taxes.

Related: Slow Saturday Special: Senator Kerry Sets Sail For Rhode Island

O’Rourke confirmed that the boat was in Rhode Island, but said that Kerry had no intention of avoiding taxes....

Yeah, right.

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