Not Kerry Nice
John Kerry is taking tons of heat for having parked his new $7 million yacht in Rhode Island. Just by chance, the Ocean State is a tax haven for boaters, and press accounts indicate that the state of Massachusetts is missing out on some heavy money.
The "Isabel" is docked in Rhode Island rather than at Kerry's summer home on Nantucket or in Boston Harbor. That means he avoids paying nearly $500,000 in taxes to Massachusetts and he doesn't have to pay a $70,000-a-year excise tax.
The 76-foot sloop has two cabins, a pilot house fitted with a wet bar and cold wine storage, according to the Herald.
What, did you think he was going to have warm wine storage???