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Old 07-24-2010, 08:25 AM   #1
Felix The Assassin
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Default Cash Study, Senator Kerry

Here we have a news article in which a US Senator is conducting business against his cash strapped state:

http://www.cbsnews.com/stories/2010/...html?tag=strip

Quote:
(AP) Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State.
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Old 07-24-2010, 08:48 AM   #2
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Default Re: Cash Study, Senator Kerry

I can't think of a single American who doesn't try to reduce the amount of taxes they have to pay. Hell Americans pay people to make sure they pay the least amount possible in taxes.
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Old 07-24-2010, 09:17 AM   #3
Firestormalpha
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Default Re: Cash Study, Senator Kerry

I think what Felix is trying to say is that as a public official and leader we should expect the senator to do the responsible thing and not avoid taxes etc.

But then, we all know that's like expecting people to actually stop at those funny red octagons with letters on them.
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Old 07-24-2010, 10:02 AM   #4
SpiritWarrior
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Default Re: Cash Study, Senator Kerry

I thought the right hated the idea of paying taxes. Or is it they hate when someone else doesn't have to pay them? Hehe.
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Old 07-24-2010, 11:45 AM   #5
Felix The Assassin
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Default Re: Cash Study, Senator Kerry

Quote:
Originally Posted by Firestormalpha View Post
I think what Felix is trying to say is that as a public official and leader we should expect the senator to do the responsible thing and not avoid taxes etc.

But then, we all know that's like expecting people to actually stop at those funny red octagons with letters on them.
Correct.

With the double standard we have become accustomed to from our elected officials, one would think, they could think, what something like this means back home.
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Old 07-25-2010, 05:05 PM   #6
Timber Loftis
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Default Re: Cash Study, Senator Kerry

This isn't even tax *evasion,* it's just tax planning. It's like blaming drug companies for all moving to Ireland when it instituted a tax haven for them.
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Old 07-26-2010, 07:06 AM   #7
Felix The Assassin
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Default Re: Cash Study, Senator Kerry

Quote:
Originally Posted by Timber Loftis View Post
This isn't even tax *evasion,* it's just tax planning. It's like blaming drug companies for all moving to Ireland when it instituted a tax haven for them.
Now TL, you darn well know, if this were you, your state auditor would find a way. Take Washington state for example, some folks "attempt" to "tax plan" their RVs in Oregon. Washington has gotten very crafty on how to handle that, and collect their taxes.

This is yet another flaunt of politicians at work.

Remember he is an elected offical...
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Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.

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Jesus died for our sins, and American Soldiers died for our freedom.




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Old 07-26-2010, 09:12 PM   #8
Chewbacca
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Default Re: Cash Study, Senator Kerry

Sounds like an issue for constituents to decide with their votes whether or not such behavior, done commonly by citizens as noted, is wrong for an elected official to do.

One perspective to consider is that it's easy in a region of small states like New England to blur the lines with regards to borders, heck even our NFL team belongs to the region. While there is clearly a tax benefit, that in and of itself doesn't prove irresponsible motive for parking the boat there. The facts presented in the article seem reasonable:

Quote:
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."

Wade noted the vessel was designed by Rhode Island boat designer Ted Fontaine and purchased in the state. It was built in New Zealand by Friendship Yachts.
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Old 07-27-2010, 09:42 PM   #9
Felix The Assassin
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Default Re: Cash Study, Senator Kerry

Quote:
Originally Posted by Chewbacca View Post
Sounds like an issue for constituents to decide with their votes whether or not such behavior, done commonly by citizens as noted, is wrong for an elected official to do.

One perspective to consider is that it's easy in a region of small states like New England to blur the lines with regards to borders, heck even our NFL team belongs to the region. While there is clearly a tax benefit, that in and of itself doesn't prove irresponsible motive for parking the boat there. The facts presented in the article seem reasonable:
Chewie! We were *not* discussing that he bought a foreign manufactured boat, we were discussing where he was docking his foreign made boat.
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Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.

John F. Kennedy
35th President of The United States

The Last Shot

Honor The Fallen

Jesus died for our sins, and American Soldiers died for our freedom.




If you don't stand behind our Soldiers, please feel free to stand in front of them.
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Old 07-27-2010, 09:54 PM   #10
Chewbacca
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Default Re: Cash Study, Senator Kerry

Quote:
Originally Posted by Felix The Assassin View Post
Chewie! We were *not* discussing that he bought a foreign manufactured boat, we were discussing where he was docking his foreign made boat.
Trade with other Nations, now there is a proud American tradition that goes all the way back to when we were rebel colonies.
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