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Is this what John "Lurch" Kerry means when he says that the American people are stupid? Is he saying that we are stupid to pay taxes? Because that seems to be the case here. Three months after saying "the payment is being made promptly", no payment. I'm confident he will pay not only the taxes, but the late fines and fees too. I won't hold my breath.John Kerry’s bucks stop where?
By Gayle Fee and Laura Raposa
Friday, November 5, 2010 - Updated 41 minutes ago
It’s been more than three months since we first told you about Capt. John Kerry’s high-seas tax dodge on his new $7 million yacht, Isabel, and the town of Nantucket still doesn’t have a check from the senior senator!
You may recall that Kerry lowered the flag and surrendered in July, agreeing to pony up more than $400,000 to cover state taxes on the toney tub. Mr. Teresa Heinz broke out the checkbook four days after the Track set off a furious tempest with our report that he had purchased the 76-foot floating palace and ported her in Rhode Island, thus depriving the commonwealth of its pound of flesh.
A spokesman for the state Department of Revenue confirmed that “a sales tax return was filed” by Kerry last summer to cover state taxes that would have been owed, had he kept the Isabel in his home state’s waters. But according to the Nantucket tax collector, he never paid any excise taxes to the town on the Isabel.
Now, in case you forgot, Kerry’s yacht is a 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. We point this out because the excise tax on boats is $10 per thousand of valuation. However, the state caps the assessment on yachts over 60 feet that are less than four years old at $50,000. Which, if you ask us, seems rather foolish . . .
Read Story Here > http://news.bostonherald.com/track/inside_track/view.bg?articleid=1294161
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