Kerry - Another Democrat Tax Cheat!

Another Democrat tax cheat...and he's using the typical Obama/Democrat defense...just stonewall reporters and do not answer any questions....after all he was only elected by his constituents in Mass.....


Kerry On Yacht-Taxes Issue: 'Nothing More To Say'
BOSTON (WBZ) ―

Senator John Kerry found himself answering questions Monday about his new $7 million yacht and the controversy about where he's docking it.

"There's nothing more to say about it," he told reporters at an event at the former South Weymouth Naval Air Station Monday.

The "Isabel" is docked in Rhode Island rather than at Kerry's summer home on Nantucket or in Boston Harbor.

That means he avoids paying nearly $500,000 in taxes to Massachusetts and he doesn't have to pay a $70,000-a-year excise tax.

Rhode Island repealed those taxes in 1993. That has made the state something of a nautical tax haven.

"Let's get this very straight, I've said consistently we will pay our taxes, we have always paid our taxes. It's not an issue period," he said.

Last week, when the Boston Herald broke the story, Kerry's office released a statement saying, "The boat was designed by and purchased from a company in Rhode Island, and it's based in Newport at the Newport Shipyard for long term maintenance, upkeep and charter purposes, not tax reasons."

"It's being worked on. It's under warranty down there. It's being worked on and it will come to Massachusetts and I look forward to that," Kerry said Monday.

When asked "Did you berth the boat in Massachusetts?" he replied, "That depends on who owns it."

Then, he said to his driver, "Can I get out of here please?"

Kerry spokesperson David Wade said the vessel was designed by Rhode Island boat designer Ted Fontaine and purchased in the state. It was built in New Zealand by Friendship Yachts.

A Department of Revenue spokesman said last week that Kerry would be liable for Massachusetts taxes if he berthed the boat in the Commonwealth within six months of its purchase.

If the "Isabel" were brought to Massachusetts after that period, the state would have to decide if it wanted to pursue the taxes.

Massachusetts, like most other states, has been grappling with plunging tax revenues.

Last year's budget deficit was $600 million, and officials are bracing for a $1 billion deficit this year.

The 76-foot sloop has two cabins, a pilot house fitted with a wet bar and cold wine storage, according to the Herald.

It derives its moniker from the middle name of Kerry's mother and the name his wife, Teresa Heinz, planned to give a daughter.

Instead, she had three sons.