From the Boston Herald:
“Sen. 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.”
“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.”
Kerry, listed as the Wealthiest Senator with a worth of some $167.55 million, Has of late been working towards passing the cap & tax bill, that would cost every single American a great deal more in taxes just to heat our homes, drive to work or cook our meals.
And yet, he avoids taxes he supports for you and I.
Oh, did I mention that Kerry, who failed in unseating President Bush in 2004, is a Democrat?