Sen. Kerry to pay Mass. tax on yacht docked in Rhode Island.
Category U.S. | Tuesday, July 27th, 2010John Kerry moved to end a controversy over his decision to base his new $7 million yacht in tax-free Rhode Island, informing the Massachusetts Department of Revenue on Tuesday that he would “promptly” pay taxes as if the vessel were docked in his home state.
In a statement to The Associated Press, the Democrat said, “As we’ve said from the beginning, we have always complied with tax laws and we always will. … The payment is being made promptly.”