Via Fox Boston:
If the "Isabel" 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 Instead, Rhode Island has repealed those taxes.I guess, in fairness to Kerry, $437,500 can buy a lot of maintenance.
A Kerry spokesman says the boat is being kept at Newport Shipyard not for tax reasons, but "for longterm maintenance, upkeep and charter purposes."
Fox Boston is now reporting that Kerry may still be liable for the tax because "Isabel" was docked in Massachusetts for a short time within six months of purchase.
Here is the video of Kerry being confronted by reporters about the controversy. The quote of the exchange is the last one:
"Can we get out of here please?"