Kerry docks yacht in R.I., avoids $500K in Mass. taxes
 

or Tax and Spend dem doesn't pay taxes

http://www.seacoastonline.com/articl...4-NEWS-7240324

So you're against citizens using legal methods to avoid paying some taxes?

You appear to think people should go out of their way to pay taxes when they don't have to?

Is that a common Libertarian view? That citizens should pay all the taxes they can?

you're right riot. the senior senator is setting a fine, fine example by docking his yacht in rhode island. yep, a fine example. why, when i buy my yacht, i may do the same thing.

What's the offense?

Is it just being rich enough to own a yacht? I dunno about you guys, but I admire capitalism and people who make money. And if someone has made enough money to purchase a yacht, if that's what they want, more power to them! Congrats!

Is the offense of legally not paying taxes? I put all the income I can into tax-deferred and non-taxable investment vehicles. To legally avoid paying taxes. I have never bought a car from a guy on Craig's List, so I don't know if I'd declare and pay that state sales tax, or not.

Or is it being both rich and avoiding paying taxes? 'Cause if it's the latter, then that brings us right back to the Bush tax cuts, especially for the wealthiest Americans, including the estate tax, which right now happens to be zero (a good thing that I think should be made permanent, BTW)

broken record...when in doubt, blast the other guy!

I see no problem with this unless Kerry expects other Mass citizens to dock in their home State. What isn't stated is the jobs and money lost associated with the upkeep and maintainance of the yacht not to mention the spending done near/off the yacht (strip clubs and restaurants etc.)

States are doing the same with State Income Taxes. It isn't a suprise to me that the highest taxed States are in the worse shape and States with no income tax are at the top.

Say a guy making 5 mil a year in Cal can save 250-300K on taxes by moving to Florida. California loses its tax payment but even more important its productive citizen. Wonder what the average guy who pulls down 5 mil spends in a year?

Besides what a easy way to leave Teresa home.

It appears that the senior senator from taxachusetts. The richest man in congress. Doesn't believe in supporting his home state. He also doesn't believe in waiting until after the Bush tax cuts expire and the new taxes he voted for kick in.

I wonder does Joe Biden consider John Kerry unpatriotic.

actually, the buyer was his wife, the widow of mr. heinz of heinz ketchup fame. at any rate, i would rather he fight for his state to have tax laws that make sense, rather than have a law that many follow but many do their best to avoid. if the tax law was one that made sense, he wouldn't have to dock in rhode island, thereby giving a sense of impropriety. and he's not deferring taxes, he's just not paying the sales tax at all in this instance. on a new purchase, not a used purchase on which taxes were paid when said used vehicle was new. there have been cases here in arkansas of people purchasing RV's and tagging them in another state, to avoid paying the one time sales tax to arkansas. they were taken to court and found guilty of tax evasion, as it was shown their home of residence was in fact arkansas, which meant they were engaging in tax evasion. i'd say this is an instance of that. i'd say if this were a republican engaging in this behavior, that you'd be all over it.

I'd say you're right!:tro:

thanks deb! i just think this is an instance of do as i say, not as i do-another instance of a rich guy doing one thing, while telling his constituents they must pay and get over it. one set of rules for the haves, another for the have-nots. the common man is expected to pay, the rich pay others to find loopholes they can exploit.

So true. Last year the state was trying to push through a bill that would allow them to collect sales tax if Mass. citizens bought large items in other states (primarily N.H. which does not have a sales tax). Shot down. For the last 4 years we've had tax after tax. Yet they wonder why we go out of state to shop or shop on the internet. N.H. is the one that has benefited the most. The people here have had it.

i shop a lot in lousiana. lower taxes, lower gas prices...the lower sales tax, especially on groceries, makes the trip worthwhile. plus, i live in a dry county, so i buy my adult beverages down there as well. how much does that cost arkansas each year? probably plenty. but, all my vehicles are registered in this state. i've seriously considered moving over the border to LA. now that the kids are all grown, and no worry about schools, i may just do that.

I just checked something with my step-mother. When my father bought a boat in Vermont (kept the boat there at his summer place), he still had to pay the Mass sales tax because his primary residence was Mass. But then he wasn't married to the Heinz heiress.

lol
yeah, riot is applauding capitalism when it certainly doesn't apply in this case. both kerry and his wife are beneficiaries of the hard work of others. why, they ARE democrats! :D

So mostly you still don't like Democrats, you just disguise it now as an unjustified anamosity towards people that are rich enough to have yachts?

I'd say that no, I am not "all over" behaviour that is legal, and plenty of Republicans also legally avoid taxes.

So you think it's terrible that someone gives someone else alot of money? That's right, no, I certainly do not. Good for both the giver, and the receiver.

And if American shipbuilders built a yacht that Kerry judged best quality and value, I'm sure he would have purchased American, instead of buying a yacht from New Zealand.

Libertarian capitalistic playbook says: capitalism is competitive and impartial. If Mass can't compete for having that yacht dock in Mass, they lose, and deserve to do so.

Wing, how you could label that decision by Kerry - to go with the best deal - "unpatriotic" is beyond me - this is exactly the type of pure capitalism, non-government interference behaviour the Tea Party, Libertarian types support and want!

:zz: What are you reading? Who is the "other guy" I am "blasting"?

I'm a bit confused by what you say:

:zz: Were you in favor of last year's tax collection law for out of state purchases passing? Or not, because you've had "tax after tax" for 4 years.

And you are angry that John Kerry docks his yacht in NJ to avoid paying Mass sales tax; yet you shop out of state or on the internet to avoid paying sales taxes in Mass?

Yes, no? Others do it (which makes you angry), but you do not?

i think his behavior in this instance should be scrutinized, mainly by his home state. is it really legal? as i said, i know similar actions by arkansas residents had them slapped with back taxes when their attempts at hiding purchases by tagging them out of state was shown to be illegal. also, the excuse that 'others do it' is no excuse at all. all should be held to the same standard, whether it's the purchase of a 7k aluminum boat, a 70k pleasure craft, or a 7 million dollar yacht. tax evasion is quite costly. no doubt everyone who engages in it thinks they're doing a legal thing, when many times they may find it is not.

:rolleyes:john kerry, hypocrite:

“I’ve been at this issue a long time. When I first came to the Senate, I investigated an illegal bank and the murky network that allows powerful people to hide assets abroad and evade our tax laws. It repulsed me that while the average American plays by the rules and pays taxes, some of the biggest corporations avoid paying their fair share. You can even pick up a business magazine and find advertisements for offshore tax havens,” said Sen. Kerry. “Today’s vote is a long overdue and essential step to mitigate this boldface abuse of the American tax code. The HIRE Act can help prevent another UBS scandal but we’ve got more to do in order to fix a broken system.”


In 2009, Kerry and Baucus introduced legislation to close the loophole that allows for offshore tax havens to help taxpayers shirk paying their fair share. President Obama included several international tax reforms as part of his 2010 budget proposal which reflected Senator Kerry's efforts.



so, it's wrong to hide things abroad...but perfectly okee-dokee to hide them in another state. what a guy, the richest man in the senate. the RICHEST man in the senate. he's loooooooaded as ron white would say, but has no compunction at all about this act. and why is the yacht actually listed as being owned by an llc, not kerry? a way to attempt to keep his name out of the press? ooops, that worked well.

The main point is that he loves taxing other people but tries to get out of paying his. Rangle too. Quite a few of Obam's cabinet appointees too. Geitner for another. Members of congress, appointed govt. officials, and elected representatives SHOULD be held to a higher standard. A lot of libs had a snit fit over "Joe The Plumber" and his back tax situation.

but we're the little people; we should pay while they avoid. it's just the way it is. btw, i don't hide any assets, unlike some in this state, and pay personal property taxes on everything. i guess i'm just stupid that way. oh, but i do sleep at night.
thing is, if everyone paid what they were supposed to, maybe things wouldn't be such a mess. maybe.

Kerry is a libertarian capitalist :tro::tro:

but votes socialist in a "Let them eat cake" kind of way. Consistent with listing used underware as a tax deduction and having an aunt live in public housing while the nephew is a millionaire all while raising taxes and crying poor. The closest reality show to the Dem party now is NJ Houswives.

Seems like there's alot of yacht-envy - or simply intense dislike for those with lots of money - floating around this thread :D

So little $ sales taxes on a tax to day basis are okay to avoid, but big $ sales taxes on a yacht are not?

:zz:

:zz: Your definition of what socialism is seems interesting.

"Let them eat cake" = HYPOCRITE :D

I meant that BTW

lol
where did i say i don't pay sales tax? man, you are brilliant. as is your defense of kerry, sheer brilliance.

and envy? not at all. i prefer power boats to sailboats anyway,and am perfectly content with my bass boat with 200 hp evinrude on the back. it'll run circles around kerrys' boat...er, i mean the llc's boat. dislike people with money? nope.

dislike hypocrites? absolutely

So when taxes are reduced for everybody, like in the Bush tax cuts that Congress may let expire, they are attacked by Democrats as "Tax cuts for the rich", since the rich, paying the most, also save the most with a cut.

But actually avoiding taxes, however creatively, when you are a rich Democrat, is OK.

Oh yeah, that makes a lot of sense.

:tro:

Most of post #4...I agree about the estate tax.

Dimmy...don't join a thread comprised, largely ,of the Permanently Perplexed.



You have been doing well, let's not fucl< it up.

I didn't say you don't pay sales tax. I said you avoid paying sales tax. I said,

"So little $ sales taxes on a tax to day basis are okay to avoid, but big $ sales taxes on a yacht are not?"

And I was referring to where you said,

So keeping a yacht to another state to avoid a higher home state sales tax, and pay a lower sales tax, is not okay.

But shopping in another state to avoid a higher home state sales tax, and pay a lower sales tax, is okay.

:zz:

FTFY.

Exactly - "who" do you think I am "blasting" there?