JWF- The sickening hypocrisy of these liberals is just breathtaking. They've bled our economy dry, we're permanently indebted, they call us unpatriotic for complaining about excessive taxation, yet when it comes time to save some pocket change for a gazillionaire, they take advantage of every loophole.
Ridiculous.
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.
Isabel - Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage - was designed by Rhode Island boat designer Ted Fontaine.
But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern.
Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven - like the Cayman Islands, Bermuda and Nassau - for tax-skirting luxury yacht owners?
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.
We have unemployment at 10%, new legislation costing trillions shoved down out throats every week, an economic forecast as bleak as can be and then an architect of that mess is skipping town to avoid paying taxes he forces on everyone else. Mind-numbing hypocrisy. READ MORE...
Tool...
FLASHBACK! Remember this classic ad from George Bush?
What an upgrade! Senator John Kerry went from a surfboard with a sail on it to a 7 million dollar yacht. Not bad for a guy who makes his living raising taxes, oppressing the poor and criticizing those middle class white people who make $100,000 a year sitting by their pools sipping ice tea who don't care about the poor.
Thank you Massachusetts for giving us vermin like John Kerry, Barney Frank and Ted Kennedy. The damage done to the entire country from Massachusetts voters alone is almost as bad as California, Michigan, Illinois and New York combined.
UPDATE- John Kerry to Joe Biden: 'Kiss My Ass'
It's not $250,000 or $200,000 a year, it's LESS than that. It's a lie, but the media doesn't have any integrity and unfortunately, we have a lot of dumb sheep who vote democrat because of lies like the one Joe Biden just told.
John Kerry would like to thank you middle class democrat voters for picking up his tab!
Kerry is bad, spending his rich wife's money on a large yacht that will obviously be a party boat for him, "while he's on a business sail"without her and dodging those taxes! He should be ashamed!!! What I do not understand is how can Obama appoint those Bobsie Twin Idiots, Barney Frank and Chris Dodd to write the Finreg and appoint them to run the "new" Fannie Mae and Freddie Mac after they put severe pressure on lenders to make those rotten loans which ultimately brought those two bastions of credit down along with Wall Street and they are not in prison!!! Now they are starting them up again for a second go around? BAD!, BAD! BAD!
ReplyDeletesheep....dumb ass sheep. Bush tax cuts will affect people making even 80,000 a year by 3% which might not sound like a lot, but for liberals let me break it down for you.
ReplyDelete100,000 a year- cop-nurse. (that's a low number too)
$3000.00 a year.
with 3 kids, saving for college, if the democrats would just go to hell, they would be able to put all of their kids through college in several years. they wouldn't lose their house.
Think about it.
Democrats are intentionally ruining this country and spreasing wealth for votes. They should all be hung pay per view and then you can give the proceeds to charity.