(John) Kerry may need to pay $500k tax on yacht

[Lightning Count]

Source: My Fox Boston

FOX 25 / MyFoxBoston.com) - There are new details in the controversy over Sen. John Kerry's brand new boat.

Kerry may still be on the hook for a half million dollars in excise taxes because he docked his yacht in Massachusetts less than six months after buying it.

The controversy came up following a report that Kerry moored the multi-million dollar yacht in Rhode Island, rather than the Bay State to save on sales tax.

A spokesman for the senator says Kerry never intended to evade taxes and kept the boat in Rhode Island for maintenance reasons.

They say he's willing to pay the tax if necessary.

Read more: http://www.myfoxboston.com/dpp/news/local/kerry-may-need-to-pay-500k-tax-on-yacht-20100726

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I never get this. Why do people do this? Especially John Kerry? Don't people feel a patriotic duty to pay the taxes they owe?

[OregonBlue]

1. I never get this. Why do people do this? Use Fox as their source?

Please go post at a board the believes Fox is credible.

[Lightning Count]

4. This is myfoxboston and not Fox News

That is like saying you consider watching Family Guy to be a sign of support for Fox News.

[catgirl]

8. FoxBoston is partisan too!

One a-hole news guy referred to Bill Clinton as "Willy boy" with a tone of disgust.
The fact that you are posting this BS in the first place is enough to start a flame
war here.

[Lightning Count]

11. Do you have a link to that?

The story looks accurate so I'm not sure why this would cause a flame war.

[catgirl]

13. I saw it when I was flicking channels

It was a WTF piece of crap. And we live in a free country. People can park their boats wherever
they choose too. Many people park their boats in different states and even in different countries!
There's no rule that tells you where to park your boat.

[Commie Pinko Dirtbag]

12. You must think everybody here is stupid.

[blm]

19. they took the reporting from Murdoch's Boston Herald which completely spun their conclusions

to make it sound like Kerry was trying to avoid taxes, when the FACT is that if he planned to AVOID the taxes he never would have stopped in Mass with the boat in the first place. And, secondly, why wouldn't they dock the boat in Newport since that is where they usually sail out of as Teresa has a home there?

All of a sudden Kerry is going to turn into a tax cheat? Ridiculous. Especially since Teresa spends millions in Mass alone on healthclinics for the poor and environmental programs that rehab and green buildings and housing - millions that the STATE of Mass doesn't have to spend.

People need to get their facts straight before they jump on Murdoch's shitpile.

[ProSense]

2. Fox? Please stop posting

this right wing drivel.

[Lightning Count]

5. ?

See post # 4.

[ProSense]

7. Are you kidding?

Many pages in this Fox Television Stations, Inc. web site feature links to other sites, some of which are operated by companies unrelated to Fox Television Stations, Inc. Fox Television Stations, Inc. has no control over the content or availability of any linked site. TM and (c) 2010 Fox Television Stations, Inc., and its related entities. All rights reserved. Any reproduction, duplication, or distribution in any form is expressly prohibited.


link

It's right wing drivel.

[Lightning Count]

10. That makes zero sense.

They are a local station that deal with local issues. Like I said, that is like saying that watching Family Guy is a show of solidarity with Fox News.

[ProSense]

15. You aren't kidding? Here

WFXT

WFXT is a television station owned and operated (O&O) by the News Corporation-owned Fox Broadcasting Company, located in Boston, Massachusetts. The station's studio and office facility is in Dedham, Massachusetts, and its transmitter is located in Needham, Massachusetts. WFXT is one of six Boston television stations seen in Canada by subscribers of the Bell TV satellite service.



Boston, Massachusetts
Branding Fox 25 (general)
Fox 25 News (newscasts)
Slogan So Fox 25
Channels Digital: 31 (UHF)
Virtual: 25 (PSIP)
Subchannels 25.1 Fox
Owner Fox Television Stations
First air date October 10, 1977
Call letters' meaning FoX Television
Former callsigns WXNE-TV (1977–1987)
Former channel number(s) Analog:
25 (UHF, 1977–2009)
Former affiliations Independent (1977–1986)
Transmitter power 780 kW <1><2>
Height 330 m
Facility ID 6463
Transmitter coordinates 42°18′12″N 71°13′8″W / 42.30333°N 71.21889°W / 42.30333; -71.21889
Website myfoxboston.com

[blondeatlast]

21. Are you really that ignorant or just hoping against hope that we are? nt

[catgirl]

3. Posting Fox News stories? n/t

Next.

[peace13]

6. Kerry and a million+ people do this in the US.

Lake Erie has boats registered in the same manner for goodness sake. Determining what taxes are owed is the flaw in your question. If he follows the rules he would legally not owe taxes on the purchase. I am no Kerry fan at this point, but I won't let it pass that this is the way business is done if you are a 'bigga boy'. Patriotic people would pay for the wars they love to roll around in but you don't see that happening in the US either. That my friend is a crime that starts from the bottom up.

[24601]

23. Taxes are for the little people....n/t

[Commie Pinko Dirtbag]

9. Enjoy your stay.

[lumberjack_jeff]

14. welcome-ish to DU. n/t

[gratuitous]

16. Thank goodness Rupert Murdoch would never do such a thing

You know, like change his citizenship just to avoid taxes, or something. Because you can bet, boy, that the bloodhounds at Fox News and all their affiliates would be on it quicker than a duck on a junebug!

Wait; those sound more like crickets than junebugs . . .

[Submariner]

17. Let me tell you about sailing

If it was my boat I would do the same thing. Not to evade any tax, but because the Rhode Island dockage offers better nearby sailing along the rocky coastline, as well as better maintenance availability and storm protection than Nantucket or MV.

[Ganja Ninja]

18. He's not breaking any laws.

Lots of people dock their boats in states other than the one they live in. My understanding is that the boat is also being chartered which is another way of avoiding tax by writing off the depreciation. No doubt these tax laws are also taken advantage of by the republicans that wrote them.

[ProgressiveProfessor]

20. Its called tax avoidance, and its quite legal. Everyone with high value assets does it.

I saw/heard a couple of stories that said he left it moored too long in Mass so he may the owe taxes anyway. The formulas for that are empirical without a lot of wiggle room.

[blondeatlast]

22. I should care about this why? "May" is not news. Call me when he refuses--if he indeed has to

actually pay.

Really lame story.

[ibegurpard]

24. No one gives a fuck

[ProgressiveProfessor]

25. Actually its all over RW sources

[ibegurpard]

26. No one here gives a fuck

[ProgressiveProfessor]

29. Roger that

[BlueCheese]

27. I don't think anyone...

... is morally required to pay more taxes than they legally owe. And I don't think Kerry owes those taxes. I do understand why some people might feel differently, though.

[nadinbrzezinski]

28. Jesus age, can people understand

that the human animal will do what he\she can to maximize personal assets?

No, Homo Economicus is not fully true, but aspects of it are true.

Riddle me this, if you had that much money would you try to avoid paying taxes? Be honest here.

Why things have to be done at the POLICY level to encourage a different behavior. Oh and in this case, actually it is smaller than other policies in the aggregate, so this would not be in my priority list. There are a few OTHER policy changes I'd do first. You know like ENCOURAGING companies to keep jobs in the US, or bring them back?

[Iggo]

30. Um...good?