John Kerry was recently criticized for docking his $7 million yacht in Rhode Island instead of Massachusetts. He did nothing illegal. His boat was in Newport…which is a nice harbor and a great little town.

The news made him look like a hypocrite so he succumbed to pressure and has pledged to pay the taxes. I for one am not happy about it. This means he will take $500,000 out of his investments to pay the sales tax.

In other words, the Boston Globe created a great headline and political opponents scored some points, but we have just transferred another half million dollars from the private sector to the public sector.

It seems to me that the real hypocrites are the people who attacked Kerry even though they think low taxes are good for the economy and taxes on the wealthy kills jobs. I understand Kerry is a boob, but the money that his wife’s ex-husband made has just been reallocated to a sink hole.

You can leave a response, or trackback from your own site.