Kerry docks yacht in RI to avoid taxes??

Discussion in 'Politics' started by Horaven, Jul 23, 2010.

  1. Horaven

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    Sen. Kerry docks yacht in R.I., saves on taxes - Politics - msnbc.com

    What's funny is they spent the last 5 years in Mass for doing the exact same thing with their Winnebagos and RVs.

    "Kerry spokesman David Wade said Friday the boat is being kept at Newport Shipyard not to evade taxes, but "for long-term maintenance, upkeep and charter purposes."

    Yeah because you can't find charter business at the Cape in Mass and you can't find a Marina either :rolleyes:

    Hopefully he'll be the next one to lose his cushy seat. It still amazes me that people can still be devoted to either party.
     
  2. B_RedDude

    B_RedDude New Member

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    Is what he's doing illegal? If not, what's the problem?

    Lots of people make domicile decisions based on the local tax situation.
     
  3. vince

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    That's a nice boat.
     
  4. Bbucko

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    Knowing the history of Kerry's family (old, honest-to-gawd Boston Brahman bluebloods) it wouldn't surprise me in the least if he has assets in Newport rather than the Cape (which, for that level of the social ladder, is somewhat parvenu).

    And, though hardly a sailing enthusiast, I understand that Newport offers much better access to the gulf stream than any place to the north. As to RVs and Winnebegos: somehow I can't picture either the Senator nor his wife stepping within 100 feet of one. They are much more private jet/five-star hotel types.

    //Edited to add: I'm not now nor have ever been a die-hard Kerry supporter. I voted for him simply because he was not GWB. He was a weak candidate who campaigned poorly.
     
    #4 Bbucko, Jul 23, 2010
    Last edited: Jul 23, 2010
  5. B_talltpaguy

    B_talltpaguy New Member

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    I agree with what everyone has already said.

    Except the part about it being a problem for Kerry to park his boat in Newport. Not sure why it's news.
     
  6. houtx48

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    blah blah blah..........who the fuck cares other than trying to start something. $7m is a lot of catsup.
     
  7. Horaven

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    Not trying to "start something" I just think it's interesting that the state is cracking down on people doing it with RVs and sending out bills. But you can be a senator and get away with it.

    But yeah, who cares about an elected public servant not doing the same thing his constituents need to....:rolleyes:
     
  8. B_talltpaguy

    B_talltpaguy New Member

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    ^Wait a minute, his constituents aren't allowed to also dock their boats in RI, if they have a boat and care to do so? Now that IS news! wow, when did Massachusetts pass that law?
     
  9. Bbucko

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    I'm really unclear on your point; it's been a while since I followed local news in Boston.

    Are you saying that people are registering their RVs in NH despite being MA residents? If that's the case, then it's clearly illegal (but done all the time): a vehicle must be registered in the state in which its owner resides for at least part of the year.

    What kind of "bills" are being sent out by whom?
     
  10. TomCat84

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    He campaigned poorly, but I thought he was a strong candidate actually. Fantastic credentials- smart, experienced, etc. Thank GOD John Edwards didn't become VP though- jesus christ, that would have been a fucking mess!
     
  11. TomCat84

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    As for the subject at hand- unless he evades any applicable US taxes, I don't give a shit- I live nowhere near Massachusetts.
     
  12. midlifebear

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    Alter the media! MIDLIFEBEAR consolidated his assets, sold off businesses in Ewetaw, and moved to Nevada to: 1 Get away from Ewetaw State Income Taxes, and 2 Get away from the hoards of "sweet spirits" that have ruined the Beehive State.

    I then reorganized my assets in Nevada under legal LLCs. And I reserve the right NOT to conduct business with any citizen from the State of Ewetaw! Because if I did, with the exception of my restaurant bar biz, I have to start paying taxes to the Beehive State.

    I'm such a criminal! Someone call the IRS and report me immediately!

    (catches breath)

    The John Kerry boat/RV thing sounds like the Ewetaw Highway Patrol Scandal. I was in the Video Rental Store in Wendover, Nevada, one day (a town that straddles the Ewetaw and Nevada State line) and commented, "You rent XXX porn vids? Amazing. If you live on the Ewetaw side of this town is it illegal to rent them?

    The owner was quite serious when she said, "Well, it doesn't seem to bother the members of the Ewetaw Highway Patrol who live in Tooele, Ewetaw, to rent them and take them across State lines." Tooele (guess how to pronounce that town's name) is about 110 miles east of the Nevada/Ewetaw State line. And, yes . . . it's very illegal to bring triple X porn into the Beehive State. But it's not a problem for the guys who hand out speeding tickets, arrest folks for DUIs and need to boost their libidos just to fuck the overweight barges that pass as their "wives." In fact, for UHP guys it's probably a medical necessity.

    Apologies to really fat people. I know that you all need love, too. And there are those who appreciate and love you.
     
  13. ericbythebay

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    Tax avoidance is not illegal.

    But, I suspect the Kerrys have enough money that taxes didn't factor into the decision.

    The RV analogy is also somewhat incorrect. Vessels over five tons are documented with the US Coast Guard, not registered with the state.
     
  14. Horaven

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    No, they bought it through a holding company and birthed it in RI. If they had made the purchase as a person from the state of mass and not a "company" from PA they would have had to pay the state sales tax and excise tax. Just like I would if I bought a car in New Hampshire and living in the state of Mass. If you live in Mass and you buy something you pay the state sales tax on major things like vehicles etc.

    Has nothing to do with vessel tonage.

    And if you think rich people don't worry about taxes just because they spent a ton of money on something, you haven't known a lot of rich people then.

    No what he's doing isn't illegal, but like I said, they are going after people doing the exact same thing, they just are not senators.
     
  15. ericbythebay

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    How can "they" go after people if the activity is legal?
     
  16. vince

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    Thousands of people do exactly the same thing when they buy a boat. If there weren't ways to avoid taxes on boats and yachts, there wouldn't be boat building industry. When Congress and the first Bush administration raised taxes on the industry in the 1980's, they pretty much killed it off.

    I'm surprised that nobody is pillorying the Senator for buying a yacht built outside of the United States! :eek: Isn't that typical of the limousine liberals of New England?? Isn't this making the blood boil of Hannity or Rush?
     
    #16 vince, Jul 24, 2010
    Last edited: Jul 24, 2010
  17. ColoradoGuy

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    Not only do thousands of individuals do this, big corporations do, too. Only four ships out of the dozens of passenger cruise ships around the global that carry Americans on vacations at sea are registered in the United States. Why? It's simple:
    1. Taxes
    2. OSHA
    3. Minimum wage requirements
    Check out these registrations for passenger ships:
    Carnival Cruise Lines - Panama and Bahamas
    Celebrity Cruises - Bahamas, Panama, Ecuador
    Costa Crociere Cruise Line - Italy
    Cunard Cruise Line - Britain
    Seabourn Cruise Line - Bahamas
    Holland America Cruise Line - Netherlands
    WindStar Cruises - Bahamas
    P&O Cruises - Britain
    P&O Cruises Australia - Britain, Gibraltar, Bahamas
    Swan Hellenic Cruises - Marshall Islands
    Ocean Village - Britain
    Aida Cruises - Britain
    Royal Caribbean International - Bahamas
    Star Cruises - Panama
    Norwegian Cruise Line - Panama, Bahamas, United States (2 ships: S/S United States, Independence)
    NCL America - United States (2 ships: Pride of America, Pride of Aloha)
    Orient Lines - Bahamas
    For a complete list by ship name, see here.

    So what if John Kerry and the rest of the landed gentry who enjoy a little ocean time choose a low tax domicile for their vessels? Remember: it's not illegal to avoid paying taxes, it's illegal to evade paying taxes.
     
  18. Bbucko

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    I asked the same thing and got no reply. I really wish I understood the OP's contentions regarding RVs, as it seems to be essential to whatever oblique point he's trying to make.
     
  19. rob_just_rob

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    Tax avoidance isn't illegal. Tax evasion is illegal.

    Anyone who doesn't structure their activities in such a way as to minimize the tax they pay, is just throwing money away, IMO.
     
  20. ColoradoGuy

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    Is there an echo in here?
     
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