Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Kerry blames himself for flap over yacht tax (Berther avoided ANNUAL excise tax? HUGH CAPTION!)
Telegram ^ | 7/31/10

Posted on 08/01/2010 2:16:38 PM PDT by Libloather

Kerry blames himself for flap over yacht tax
Saturday, July 31, 2010
THE ASSOCIATED PRESS

BOSTON — Sen. John Kerry said he always intended to pay taxes in Massachusetts on his $7 million yacht but conceded he mishandled the public furor over his decision to dock the vessel in Rhode Island.

“I don’t think I dealt with it fast enough, effectively enough. There’s nobody to blame but myself for that,” the Massachusetts Democrat told The Boston Globe for Friday’s editions.

Kerry added that he did nothing legally wrong.

Kerry moved to end the controversy this week by saying he would write Massachusetts a check for about $500,000, whether he owed the money or not. He told The Associated Press that he and his wife “have always complied with tax laws.” The payment represents $437,500 in one-time sales taxes, plus about $70,000 in annual excise taxes.

The 2004 Democratic presidential nominee had been dogged by charges of tax evasion since the Boston Herald first reported his decision to dock the 76-foot sloop Isabel in Newport, R.I.

Kerry told the Globe it was never his intention to permanently dock the yacht in Rhode Island. He said he had not yet taken final ownership of the boat because changes were still being made by the designer, but that he could take possession within the next few days.

He said there was never any thought to avoiding sales and excise taxes in his home state, but acknowledged that he failed to get that message across to the public.

“I said to people, on day one, we will pay all taxes, all taxes, there’s no issue here,” he told the newspaper.

(Excerpt) Read more at telegram.com ...


TOPICS: Breaking News; Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: berther; caption; coward; gigolo; golddigger; jeanfrancois; johnkerry; kerry; lovey; lurchkerry; notaxes4dnc; notaxes4geithner; notaxes4kerry; notaxes4rangel; nottooswiftboat; originalpos; rich; sailboat; taxes; taxevasion; yacht
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-120 last
To: Recovering Ex-hippie

John Kerry always wears make-up. That’s why Howie Carr labeled him “Live Shot”.


101 posted on 08/02/2010 7:00:28 AM PDT by massgopguy (I owe everything to George Bailey)
[ Post Reply | Private Reply | To 18 | View Replies]

To: massgopguy

LOL!!!


102 posted on 08/02/2010 7:04:56 AM PDT by Recovering Ex-hippie (Ok, joke's over....Bring back Bush !)
[ Post Reply | Private Reply | To 101 | View Replies]

To: All

“No tax please, we’re Democrats.”


103 posted on 08/02/2010 7:11:55 AM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: All

all boat owners strive to avoid such taxes.

Kerry just proved that low or no taxes are good for the ecconomy. More yatchs in state, more docks, more people to service boats, more restaurants, more industry to make boats, etc etc.


104 posted on 08/02/2010 7:22:33 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
[ Post Reply | Private Reply | To 50 | View Replies]

To: Libloather

Q. How many bottles of ketchup to you have to sell to make $500,000?


105 posted on 08/02/2010 7:23:13 AM PDT by Harpo Speaks (Honk! Honk! Honk! Either it's foggy out, or make that a dozen hard boiled eggs.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FormerACLUmember
"He painted "Newport" on the back of his New Zealand built yacht"

Good catch...

It will be interesting to see what yarn he tells if someone asks him that very question. While it's probably true the ship was undergoing extensive sea trials, which would be the case in any semi-custom yacht, especially when she's the first model of a series.

And, it's also true that stenciling the name of the homeport is not done for vanity, but because the USCG regulations demand it. This ship is of the size that it's an inspected and documented vessel, and the homeport designation is part of the documentation process. Since the builder is located in Newport, that's where the ship would be originally documented.

BUT - there's always a BUT - the USCG does not require that builders operating vessels for reasonable sea trials and for reasonable periods of time, stencil the yacht's homeport on the transom. Why? Because well over 90% of the documented yachts that are built in America, are actually operated under a foreign flag. So, because a US builder would fly a US flag during trials, the Coast Guard doesn't want a "Georgetown" (which is a Cayman port) port stencil directly under a US flag. If "Newport" was stenciled on the yacht's transom, then that his PRECISELY what the owner wanted stenciled on the transom.

106 posted on 08/02/2010 7:44:36 AM PDT by OldDeckHand
[ Post Reply | Private Reply | To 24 | View Replies]

To: Libloather
I've got a great name for his new yacht...
Bush's Fault

107 posted on 08/02/2010 8:20:09 AM PDT by SonOfDarkSkies (Satan's greatest trick use to be convincing men he doesn't exist! But his latest novelty is Obama!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

“Liveshot” suddenly discovers he doesn’t like cameras and publicity after all.....

What a bozo — of course he thought he could get away with not paying the $500K

Does he think we were all born yesterday???

In the case of Mass. liberals he knew his audience.....


108 posted on 08/02/2010 8:47:48 AM PDT by Enchante ("The great enemy of clear language is insincerity." -- George Orwell --)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather
Sit on a ketchup bottle, numbnuts!
109 posted on 08/02/2010 8:52:40 AM PDT by AngelesCrestHighway
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather
he would write Massachusetts a check for about $500,000, whether he owed the money or not.

So...

1) He is a hypocrite.
2) He is an idiot.
3) He thinks I am an idiot.

110 posted on 08/02/2010 9:07:42 AM PDT by Onelifetogive (For the record, McCarthy was right.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

111 posted on 08/02/2010 9:14:32 AM PDT by reagan_fanatic (Never trust anyone who points their rear end at God while praying.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DariusBane

Well said, my FRiend!


112 posted on 08/02/2010 9:15:26 AM PDT by fightinJAG (Obama: "I will gladly pay you on Tuesday for a hamburger today.")
[ Post Reply | Private Reply | To 95 | View Replies]

To: OldDeckHand

Excellent!

OldDeckHand totally nails Ultra-Phoney Kerry!


113 posted on 08/02/2010 9:42:41 AM PDT by FormerACLUmember ("Subtlety is not going to win this fight": NJ Governor Chris Christie)
[ Post Reply | Private Reply | To 106 | View Replies]

To: OldDeckHand

Excellent!

OldDeckHand totally nails Ultra-Phoney Kerry!


114 posted on 08/02/2010 9:42:46 AM PDT by FormerACLUmember ("Subtlety is not going to win this fight": NJ Governor Chris Christie)
[ Post Reply | Private Reply | To 106 | View Replies]

To: Talisker; NautiNurse

The pics of the Friendship 75 undergoing trials in NZ have been removed from Fontaine’s website.

I guess someone was feeling the heat; they removed the entire news ‘article’ about the boat being finished.


115 posted on 08/02/2010 10:58:18 AM PDT by Ready4Freddy (Sure I've heard of grits. I just never actually *seen* a grit before.)
[ Post Reply | Private Reply | To 81 | View Replies]

To: Ready4Freddy
Gosh, that's a terrible shame. Golly, I must have anticipated this would happen because I saved the story as a pdf file.
116 posted on 08/02/2010 11:04:13 AM PDT by NautiNurse (ObamaCare uses Bernie Madoff theory of economics)
[ Post Reply | Private Reply | To 115 | View Replies]

To: NautiNurse

Good work, NN, proof of the airbrushing.


117 posted on 08/02/2010 11:10:34 AM PDT by Ready4Freddy (Sure I've heard of grits. I just never actually *seen* a grit before.)
[ Post Reply | Private Reply | To 116 | View Replies]

To: Libloather

Would he be backtracking so quickly if a few Dem seats weren’t vulnerable in Nov?


118 posted on 08/03/2010 10:42:27 AM PDT by fortunecookie (Please pray for Anna, age 7, who waits for a new kidney.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Charles Henrickson

just saw your pics/captions today while searching for more ‘lying traitor’ info -

they are terrific and I miss your regular threads... altho I love the DU Funnies too...

just sayin’.....


119 posted on 08/03/2010 10:13:09 PM PDT by bitt (John Bolton/LizCheney for 2012)
[ Post Reply | Private Reply | To 9 | View Replies]

To: GQuagmire

ROFLMAO!


120 posted on 08/03/2010 11:54:13 PM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
[ Post Reply | Private Reply | To 34 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-120 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson