[bestbyV]

H-Y-P-O-C-R-I-T-E. All liberals are hypocrites. They have to be, no rational, sane person would want to live under their policies.

http://wbztv.com/local/john.kerry.yacht.2.1820942.html

Kerry Docks New Yacht In RI, Saves Taxes

BOSTON (WBZ) ―

Massachusetts Senator John Kerry just bought a new $7 million yacht and it's causing a stir because of where he's docking it.

The "Isabel" is parked in Rhode Island rather than at the Senator's summer home on Nantucket or in Boston Harbor, and because it's there he avoids paying a nearly $500,000 tax and he doesn't have to pay his $70,000 a year excise tax.

Rhode Island repealed those taxes in 1993.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

Kerry's people released this statement, "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."

Kerry spokesperson David Wade noted 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 Kerry would be liable for Massachusetts taxes if he berthed the boat in the Bay State 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.

[DongoSab]

Except that the Boston Herald has since reported that the yacht was docked in Massachusetts over the 4th of July holiday, making it liable for the taxes this story asserts they'd avoid.

So this is a "what if" story, not a "what happened" story.

Though if he was making his money selling gold coins, you'd be all for sweeping his tax burden under the rug, right?