Archives for July 2010

John Kerry’s Yacht: Another Tax on Rich Republicans

Sen. John F. Kerry has just passed another tax onto wealthy Republicans - by having his wife pay half-a-million dollars in back taxes on his yacht. Kerry has been docking his $7 million, 76-foot yacht, Isabel, in Rhode Island, which has no yacht tax, since he purchased it in March. However, Massachusetts has a 6.25 percent "use" tax on any item bought elsewhere for use in Taxachusetts. State … [Read more...]

George Soros’ New Plan for Globalism and Crony Capitalism

When George Soros invests $50 million to revolutionize the way Americans think about a certain issue, it would normally be deemed newsworthy. Not so with the formation of the Institute for New Economic Thinking (INET). Three months after a summit in New York state last July, Soros pledged $50 million to INET, which promises “to promote changes in economic theory and practice” by … [Read more...]