Welcome, Guest.
Please login or register.
John Kerry avoid Mass yacht tax.
Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community    ....And In The Rest Of The Country  ›  John Kerry avoid Mass yacht tax. Moderators: Admin
Users Browsing Forum
No Members and 86 Guests

John Kerry avoid Mass yacht tax.  This thread currently has 625 views. |
1 Pages 1 Recommend Thread
CICERO
July 29, 2010, 11:56am Report to Moderator

Hero Member
Posts
18,232
Reputation
68.00%
Reputation Score
+17 / -8
Time Online
702 days 15 hours 7 minutes
Quoted Text
Sen. John Kerry skips town on sails tax
By Gayle Fee and Laura Raposa
Friday, July 23, 2010 - Updated 6 days ago


John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I.

Isabel - Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage - was designed by Rhode Island boat designer Ted Fontaine.

But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern.

Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven - like the Cayman Islands, Bermuda and Nassau - for tax-skirting luxury yacht owners?

Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000.



http://www.bostonherald.com/track/inside_track/view.bg?articleid=1269698


Logged Offline
Private Message
GrahamBonnet
July 29, 2010, 12:02pm Report to Moderator

Hero Member
Posts
9,643
Reputation
66.67%
Reputation Score
+16 / -8
Time Online
131 days 7 hours 47 minutes
Imagine the injustice of it! All those evil rich yacht owners spending their $ in RI. They need to reinstitute that tax NOW in order to be fair to the other states. Its like when I traveled across the nation and only found tolls in NY and NJ. Everywhere else was free- HOW DARE THEM!


"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Logged
Private Message Reply: 1 - 7
benny salami
July 29, 2010, 6:00pm Report to Moderator
Hero Member
Posts
8,861
Reputation
68.97%
Reputation Score
+20 / -9
Time Online
132 days 23 hours 49 minutes
Taxes are for you sheeple to pay-never the ruling elite. He should get together with Charlie Rangel another great Democratic "leader".

     Senator Kerry had to be shamed by Boston Herald into docking in State and ponying up. But he will be right there to raise your taxes once again.
Logged Offline
Private Message Reply: 2 - 7
bumblethru
July 29, 2010, 7:18pm Report to Moderator
Hero Member
Posts
30,841
Reputation
78.26%
Reputation Score
+36 / -10
Time Online
412 days 18 hours 59 minutes
He'll get a pass!


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
Logged
Private Message Reply: 3 - 7
MobileTerminal
July 29, 2010, 8:18pm Report to Moderator
Guest User
Quoted from GrahamBonnet
Imagine the injustice of it! All those evil rich yacht owners spending their $ in RI. They need to reinstitute that tax NOW in order to be fair to the other states. Its like when I traveled across the nation and only found tolls in NY and NJ. Everywhere else was free- HOW DARE THEM!


Sorry to disagree with you GB on this one, but how about the Delaware Bridge / Tunnel? PA Turnpike? Any of the bridges in DE for that matter. Arkansas, California, Florida, Illinois, Indiana, Kansas, Massachusetts, Mississippi, Pennsylvania, Tennessee, Texas, West Virginia - they've all got toll roads to some extent.


Logged
E-mail Reply: 4 - 7
GrahamBonnet
July 29, 2010, 9:12pm Report to Moderator

Hero Member
Posts
9,643
Reputation
66.67%
Reputation Score
+16 / -8
Time Online
131 days 7 hours 47 minutes
I am sorry, I only went to Ohio, PA, Kentucky, Tenn., VA, DC, Maryland and back through PA. and didn't pay a toll except in NY. I must have missed the toll roads in the other states, but I know some exist, what I am not sure of is to what extent as the NYS Thruway.   (

Out west, Montana, So. Dakota, Wyoming, Colorado, Utah, Nevada, NM, Arizona, I couldn't find even one there in the past.


"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Logged
Private Message Reply: 5 - 7
Tommy
August 5, 2010, 3:38pm Report to Moderator

Hero Member
Posts
1,660
Reputation
56.25%
Reputation Score
+9 / -7
Time Online
62 days 22 hours 29 minutes
New York should have a "yacht tax" as well.

They should be charging users of the Erie canal (those aren't row boats going through those locks) some serious fees, instead of saddling users of The New York State Thruway with it.

Delegate it to the parks department.


Logged Offline
Private Message Reply: 6 - 7
GrahamBonnet
August 5, 2010, 7:55pm Report to Moderator

Hero Member
Posts
9,643
Reputation
66.67%
Reputation Score
+16 / -8
Time Online
131 days 7 hours 47 minutes
....great idea! Send those boaters somewhere else to spend their money. After all, we are the only ones with good water to boat on! It would be awful if there is one soul left in this state in ten years who is marginally above the poverty line.


"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Logged
Private Message Reply: 7 - 7
1 Pages 1 Recommend Thread
|


Thread Rating
There is currently no rating for this thread