Changes

====Taking taxes while avoiding them====

====Taking taxes while avoiding them====

Senator John Kerry is on record as having raised taxes on the wealthy, as well as fighting the cutting of those taxes.  It was revealed that Kerry bought a luxury yacht - the Isabel - a 76-foot New Zealand-built sloop designed by Ted Fontaine, with an Edwardian-style interior, complete with wet bar. wine storage, and VIP cabins.  He paid $7 million for the boat, and would have had to pay over $435,000 dollars and a $70,000 annual excise tax to Massachusetts, the state he represents and calls home. [http://bostonherald.com/track/inside_track/view.bg?articleid=1269698]

Senator John Kerry is on record as having raised taxes on the wealthy, as well as fighting the cutting of those taxes.  It was revealed that Kerry bought a luxury yacht - the Isabel - a 76-foot New Zealand-built sloop designed by Ted Fontaine, with an Edwardian-style interior, complete with wet bar, wine storage, and VIP cabins.  He paid $7 million for the boat, and would have had to pay over $435,000 dollars and a $70,000 annual excise tax to Massachusetts, the state he represents and calls home. [http://bostonherald.com/track/inside_track/view.bg?articleid=1269698]

Kerry purchased - and ported - the yacht in Rhode Island, where he's aware of the 1993 repeal of the Boat Sales and Use Tax.  He won't have to pay a dime in taxes for his new toy.

Kerry purchased - and ported - the yacht in Rhode Island, where he's aware of the 1993 repeal of the Boat Sales and Use Tax.  He won't have to pay a dime in taxes for his new toy.