The Friendship yacht [was] designed by Ted Fontaine of Portsmouth but built in New Zealand... Under law, if a boat owner berths the vessel in Massachusetts waters within six months of purchasing the boat, there’s a “presumption of use,” and the owner must fork over the 6.25 percent sales tax to the commonwealth. Local excise taxes also are due.
Sources said Isabel - with its Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage - sold for something in the neighborhood of $7 million. That means Kerry would owe approximately $437,500 to his cash-strapped home state. Nantucket, his summer playground, would be due annual excise taxes of about $70,000.
This web-log calls for the repeal of the 17th Amendment and addresses the hegemony committed by the US Senate. The first significant step to remove the domination and unmistakable corruption deriving from the National Government and the restoration of the Federal is to repeal the 17th Amendment. Americans should fear the steady hegemonic growth by the Senate oligarchy because the US Constitution cannot be spoiled by bombs, the courts, or the President, but only through malevolent legislation.
Sunday, July 25, 2010
Sen. Kerry: Tax-Dodger?
Senator John Kerry (D-MA) may be in tax trouble for docking his new $7M yacht at his Massachusetts home.
Labels:
corruption,
John Kerry,
Massachusetts,
taxes
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment