Those rich progressive tax-dodgers

Daniel Foster has the latest on John Kerry:

So Senator Kerry cut a $500,000 check to the government, money he may or may not have owed, to mum this talk about his $7-million yachts as quickly and quietly as possible.

Whenever I see something like this I feel the need to remind folks that John Kerry is the fifth-richest member of Congress, with a net worth in 2008 of up to $258,959,049 according tothe Center for Responsive Politics. That’s a lot of ketchup.

It is also worth noting that eight of the top ten, and 15 of the top 25, richest MOC are Democrats.

For a host of reasons, I tend to think that the charge of hypocrisy in political discourse carries more weight than it rightfully should (a man’s convictions should be assessed independently of whether he has the courage of them). But in instances like this — and there are many — where a man who has a robust predilection for raising our taxes is caught apparently engaging in behavior to avoid paying his own, a little bit of righteous indignation is in order.

I think when you’re used to playing with so much of your own money, playing with other people’s money just comes naturally. Kerry also likely has very little concept of how high-tax policies drive unemployment up, given that he has very little fear of actually joining those ranks. He does, however, understand how to dodge paying sales tax on a $7 million dollar yacht and he certainly understands the benefits of not paying those taxes to John Kerry. But let’s see – $500,000 to a man worth $258,959,049 is about a tenth of a percent of his net worth.  For someone making $50,000 a year, that’s about $50 bucks.

Just for some perspective.

4 responses to “Those rich progressive tax-dodgers

  1. Gosh, is it the 2004 election again, the one George W. Bush only barely won because Karl Rove out-organized the DNC in southern Ohio?

    John Kerry isn’t worth 260 million ducats – Teresa Heinz is. He’s a life-long public servant, and just as the Republican Party swift-boated his Vietnam service in 2004, the National Review’s rabble are trying their best to minimize that public service by pretending that Kerry isn’t just a guy who married rich. He has a fine understanding that if you don’t want to eliminate important public programs, we all pay taxes to finance them. Maybe it is scummy hypocrisy for Senator Kerry to try to avoid paying sales tax on his boat – or maybe, like with most of these tax cases, it’s bad advice from an accountant. But Senator Kerry’s scummy hypocrisy is official Republican Party policy in most quarters – no one pays any taxes, so we progressively shut down important public safety nets because there’s no way to pay for any of them. As an Arizonan, I’d think you’d understand this pretty well.

  2. What on earth does this have to do with his being “progressive?” You’re venturing into Glenn Beck territory here.

  3. Anytime an article begins by citing the National Review, everything after that is suspect. Originating a yacht in a state with no sales tax liability is hardly tax dodging. Creating complex entities in the Cayman Islands to avoid income tax is another matter. “Kerry also likely has very little concept of how high-tax policies drive unemployment up.” Seriously? The Bush tax cuts really were great weren’t they? Let’s cut taxes further and I am sure our unemployment problems will go away. No wonder no one reads this guy’s articles.

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