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

[Danzig]

Originally Posted by Riot

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

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.

[Danzig]

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.

[SOREHOOF]

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.

[Danzig]

Originally Posted by SOREHOOF

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.

[dellinger63]

Originally Posted by Riot

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.
!

Kerry is a libertarian capitalist

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.

[Riot]

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

[Riot]

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.

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

[Riot]

Originally Posted by dellinger63

Kerry is a libertarian capitalist

but votes socialist in a "Let them eat cake" kind of way.

Your definition of what socialism is seems interesting.

[dellinger63]

Originally Posted by Riot

Your definition of what socialism is seems interesting.

"Let them eat cake" = HYPOCRITE

I meant that BTW

[Danzig]

Originally Posted by Riot

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

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

[Danzig]

Originally Posted by Riot

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

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

[Danzig]

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[Danzig]

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[joeydb]

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.

[Antitrust32]

Originally Posted by joeydb

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.

[timmgirvan]

Originally Posted by Riot

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

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

[clyde]

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



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

[Riot]

Originally Posted by Danzig

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

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,

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.

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.

[Riot]

Originally Posted by joeydb

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

Oh yeah, that makes a lot of sense.

FTFY.

[Riot]

Originally Posted by timmgirvan

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

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