July 30, 2010 11:02 AM
- Text
Kerry Says He Mishandled Furor Over Yacht Taxes
(AP)
Sen. John Kerry says he always intended to pay taxes in Massachusetts on his $7 million yacht but concedes he mishandled the public furor over his decision to dock the vessel in tax-free Rhode Island.
Kerry tells The Boston Globe that he doesn't believe he dealt with the issue quickly enough or effectively enough. He added that he did nothing legally wrong.
The Democrat moved to end the controversy this week by saying he would write Massachusetts a check for about $500,000, whether he owed the money or not. He told The Associated Press that he and his wife "have always complied with tax laws."
The 2004 Democratic presidential nominee had been dogged by charges of tax evasion since the Boston Herald first reported his decision to dock the yacht in Rhode Island.
Kerry tells The Boston Globe that he doesn't believe he dealt with the issue quickly enough or effectively enough. He added that he did nothing legally wrong.
The Democrat moved to end the controversy this week by saying he would write Massachusetts a check for about $500,000, whether he owed the money or not. He told The Associated Press that he and his wife "have always complied with tax laws."
The 2004 Democratic presidential nominee had been dogged by charges of tax evasion since the Boston Herald first reported his decision to dock the yacht in Rhode Island.
Popular Now in Politics
- CPAC: Will Sarah Palin spring a surprise?
- Timothy Dolan: Birth control tweak a "first step"
- CPAC: Santorum rips Romney, rouses conservatives
- Ann Coulter riles up the CPAC crowd
- After uproar, Obama tweaks birth control rule
- Santorum: Women could bring "emotions" to combat
- Romney takes on hecklers at Maine town hall
- Sarah Palin revs up CPAC faithful
- Mitt Romney wins Maine GOP caucuses
- Obama to announce revamp of birth control policy
- CPAC: Anti-Obama beats pro-Romney
- Occupy protestors kicked out of CPAC
- CPAC: Huckabee "thanks" Obama for birth control firestorm
- Report: Chicago cardinal joins contraceptives fight
- Romney on Obama: I will "knock him on his heels"
- Santorum's big benefactor
- Is Rick Santorum conservatives' last, best hope?
Latest CBS News Headlines
on Facebook
on CBS News
- Filmmaker Douglas Trumbull receives honorary Oscar
- Houston's body taken to morgue; autopsy planned
- Obama to submit his budget to Congress on Monday
- Turkish jets hit suspected rebel targets in Iraq
on Facebook
- Whitney Houston 1963-2012
- Adele sings a cappella for Anderson Cooper
- Remembering Whitney Houston 1963-2012
on CBS News






