Kerry to pay yacht taxes

yacht Kerry to pay yacht taxes

The $7 mil "Isabel"

Senator John Kerry may have to pay close to half a million dollars in Massachusetts taxes on his new yacht.

He denied reports that he docked The Isabel in Rhode Island to save on taxes. He said he’ll pay all that he owes and that there is nothing more to say on the subject.

The 76 foot Isabel is worth about $7,000,000 and comes complete with a wet bar and cold wine storage.


More From CBS Boston

Summer of Savings
Download Weather App

Listen Live