Jump to content

Sen. John Kerry skips town on sails tax


Recommended Posts

Boston Herald:

Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I.

Isabel - Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage - was designed by Rhode Island boat designer Ted Fontaine.

But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern.

Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven - like the Cayman Islands, Bermuda and Nassau - for tax-skirting luxury yacht owners?

Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000.

The senior senator’s chief of staff David Wade denied the old salt was berthing his boat out of state to avoid ponying up to the commonwealth.

“The boat was designed by and purchased from a company in Rhode Island, and it’s based in Newport at the Newport Shipyard for long-term maintenance, upkeep and charter purposes, not tax reasons,” Wade told the Track.

Whatever you say, John-Boy...
Link to comment
Share on other sites


From a practical and economical standpoint it would be crazy not to berth at Newport. Probably any of us if we were zillionaires would do the same BUT the difference is the WHO. These are the Zillionaires who preach but do not practice. Hypocritical, shallow, egotistical and materialistic is he-- to the core

Link to comment
Share on other sites


John Kerry "swift-boat's" the people of Massachusetts, in the same way Edwards scans the shacks containing the common folk, across the road from his estate compound, and ManPigBear uses carbon offsets to offset the massive energy needed to fuel his mega mansion footprints.


Princes of the realm.

Link to comment
Share on other sites



'Taxes? Uhhhh, remember, I served in Viet Nam. It is seared in my mind. Mind? A mind is a terrible thing.'

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 1701767226
  • Create New...