Ahhh.. Senator Kerry from the great state of Masshole. Tsk Tsk Tsk. You have been preaching for years about buying everything made in the USA. Unfortunately for you, over the past decade there are hours of video of you preaching to the masses about how important it is to keep American workers working. How important it is to make sure you buy American products at all costs. Now it seems you've found yourself in a pickle over your new Boat. Wait.. it's not boat, it's a yacht. Well, whatever you call it it appears that it's not American Made. Nope, plenty of yacht builders right here in the USA but you bought it from a custom builder in New Zealand. 7 mil for a boat? Congratulations.. I'm sure the US economy certainly would have appreciated it.
Now, if I were your adviser I would have suggested purchasing this boat here in the US and making a media spectacle of this situation. Let me lay this out for you....You wanted a new boat, you know that Americans need the work. I would have had a press release about helping American workers by purchasing my 7 million dollar boat right here in the great US of A. People in your state would have been proud of you, the media would have complimented you. Your credibility would have increased dozens of points. But instead you chose to purchase off-shore because it was 'less expensive' and then attempt to skirt the system by docking it in Rhode Island where you wont have to pay the excise taxes? tsk tsk tsk. Silly John... you silly thing you!
Please don't try to dock it in Rhode Island to avoid your $700,000 one-time luxury tax and $70,000 yearly excise tax that YOUR State has enacted. Those poor people in your State need those tax dollars and you shouldn't avoid them! Shame on you. Perhaps now you'll see why everyone else purchases off-shore too - and while you're at it, work on those trade deficits with China for us too.
Do you and Charlie Rangel use the same accountant?