[TopQuark]

Actually he broke the tax laws of Massachusetts, he was caught doing it and that is why he had to pay up the $500,000....Read up on it if you want

I followed your advice. I could not find a single reference to a law he supposedly broke or any article that he was compelled to pay $500,000 by anything other the desire to avoid further controversy.

Could you give me references?

[dennisw]

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

[dennisw]

http://www.masslive.com/news/index.ssf/2010/07/john_kerry_mishandled_yacht_taxes.html

Key part>>>
“Kerry said he had sailed the yacht a handful of times, including to the islands of Nantucket and Martha’s Vineyard in Massachusetts. He and his wife, millionaire philanthropist Theresa Heinz, own a home in Nantucket.”

***** John Kerry’s yacht claimed a docking in Rhode Island (no tax) but it was actually used in Massachusetts. The two Kerrys do not own a house in Rhode Island. Massachusetts wants the sales tax money and they got if from him

If you live in Massachusetts and buy&berth your new boat in Rhode Island..... But you use it Massachusetts.... You will be taxed if you are reported. Because your real berthing and use is Massachusetts

[dennisw]

This will clarify it even better. That John Kerry/Teresa Kerry were liable for Massachusetts excise tax on the new yacht>>>

BOSTON GLOBE
http://www.myyachtregistration.com/2010/07/kerry-pay-mass-tax-ri-yacht/