July 27, 2010

BUSTED, WILL PAY UP: Sen. Kerry to pay $500K tax on yacht. “Senator John Kerry said today he will voluntarily cut a check to the state of Massachusetts for some $500,000 in sales tax for a yacht he purchased in Rhode Island earlier this year. . . . Kerry has been dogged by questions in recent days by questions about whether he purposely tried to evade taxes in his home state by listing the $7 million yacht’s home berth as Newport, R.I., when he actually intended to use the boat at his summer home on Nantucket. His yacht purchase was first reported in the Boston Herald.”

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