http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8801499Oh my.
Thanks to our esteemed colleague lastparker, who found this.
franksolich was running all over Skins's island, trying to find out what the primitives were saying about the matter, and missed this.
sinkingfeeling Donating Member (1000+ posts) Fri Jul-23-10 11:25 AM
Original message
Continuing the theme, Democrats shouldn't be wealthy....
Sen. Kerry docks yacht in R.I., saves on taxes
http://www.msnbc.msn.com/id/38378992/ns/politics /
BOSTON — Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, saving roughly $500,000 in Bay State taxes.
If the boat were docked at the couple's summer vacation home on Nantucket, they would be liable for $437,500 in one-time sales tax. They'd also have to pay $70,000 in annual excise taxes.
Instead, Rhode Island has repealed those taxes.
dmallind Donating Member (1000+ posts) Fri Jul-23-10 11:30 AM
Response to Original message
1. I'm unsure - are you saying this, or criticizing the media for doing so?
Greyhound Donating Member (1000+ posts) Fri Jul-23-10 11:30 AM
Response to Original message
2. Nobody should be that wealthy.
And a family worth hundreds of millions, especially one so involved in "public service", should be evading taxes in their own state.
This is disgraceful, but indicative of the fundamental problem, and is not limited to either party.
Celebration Donating Member (1000+ posts) Fri Jul-23-10 11:40 AM
Response to Original message
4. In all honesty
If I had that much money, I am sure I would be doing the same thing.
Edited to add--I wouldn't HAVE a yacht, though, nor would I have a super extravagant wedding. But, I definitely would take advantage of every tax savings I could muster.
OHdem10 (1000+ posts) Fri Jul-23-10 11:41 AM
Response to Original message
5. Democrats do not take a vow of Poverty.
Yep, they sure don't. But they want the rest of us to.
sufrommich Donating Member (1000+ posts) Fri Jul-23-10 11:42 AM
Response to Reply #5
6. No, they don't. Nor should they.
What's good for the goose is good for the gander.
If the Democrats want the rest of us to live in poverty, so too should they.
Orsino Donating Member (1000+ posts) Fri Jul-23-10 11:47 AM
Response to Reply #5
8. Their vow is *to* those in poverty...
...but this tends to be forgotten by our wealthiest leaders.
Oregone (1000+ posts) Fri Jul-23-10 11:45 AM
Response to Original message
7. Should anyone be that wealthy?
Should we continue to reinforce economic systems that allow such disparity?
AndyA Donating Member (1000+ posts) Fri Jul-23-10 11:48 AM
Response to Original message
9. And we wonder why things are so crappy for the average American.
With multi-millionaires making decisions for us, it's no wonder.
NO ONE who can afford to go out and buy a $7 million yacht could possibly understand what the average American is faced with.
Anyone who has a summer vacation home on Nantucket is too far separated from the real needs and issues to be an effective representative.
This is why we need publicly financed elections. We've got to get the millionaires with all the money and connections OUT OF OUR GOVERNMENT. This isn't a slam against Kerry in particular, but it's pretty clear to me why things are so bad, the people making the decisions simply are not in a position to comprehend what today's average American is facing.
Romulox Donating Member (1000+ posts) Fri Jul-23-10 11:49 AM
Response to Original message
10. Does John Kerry EVER cease to disappoint?
It's like selling out in his genes. Thanks for pointing out another "doesn't walk the talk" Democrat.
Uh huh.
unblock (1000+ posts) Fri Jul-23-10 11:49 AM
Response to Original message
11. democratic politicians should be more politically astute than this.
1monster Donating Member (1000+ posts) Fri Jul-23-10 11:55 AM
Response to Original message
12. Doesn't the lion's share of the "family" money belong to his wife through the Heinz family fortune?
Is the yaht Kerry's or his wife's? Or is it a joint venture. Remember, in BIG MONEY marriage mergers, what is his is hers and what is hers is his isn't quite how it goes?
franksolich is really disappointed that Doug's stupid ex-wife hasn't shown up at this campfire, to defend the excesses of someone Doug's stupid ex-wife likes.
But it's early yet; maybe Doug's ex-wife is still asleep, and will barge in later.