Thursday, April 15, 2004

Another Possible Kerry Waffle? Tax Records

From Matt Drudge:

Democratic presidential candidate John Kerry, who has called for full-disclosure of rivals' tax returns, now faces growing pressure to release his wife's records.

But in a Tax Day controversy, Teresa Heinz Kerry is personally determined to keep her returns out of public view -- at any cost!

"This is my life, my business, not John's," Mrs. Kerry recently explained to a campaign staffer, a top source tells the DRUDGE REPORT. "I think it is very important to keep the privacy zone. There is a tradition of this."

Mark's Remarks

Shades of the Ferraro controversy in the 1984 elections...tell me, could Johnny and Teresa have something to hide? What about that loan he took out on his and Teresa's home? Here is an interesting tidbit from the Drudge article:

In December '03, Kerry announced that he loaned his campaign $6.4 Million by mortgaging a share of a Boston home he jointly owns with his wife.

Teresa Heinz Kerry paid cash for the Beacon Hill mansion in January 1995.

But according To Kerry's own 1994 senate personal financial disclosure [signed May, 15, 1995], Kerry's own personal net worth was somewhere between a negative $130,000 to positive $34,995.

The current loan on the house carries an annual interest payment of $200,000, records show, more than Kerry's $158,000 Senate salary.

Kerry's campaign insists he intends to pay off the 30-year mortgage himself.

"Sen. Kerry is a man who has considerable assets," spokesman Michael Meehan explains.

But Kerry's own financial disclosures show no assets sufficient to pay the loan -- or even a way to keep up with the interest payments!


Seems maybe Air America are not the only lefties who may not be able to pay bills....

And it seems this will go under the Kerry Waffle file, for Kerry has a history of trying to use tax records against opponents, but still does not reveal his biggest backer, aka his wife's:

In his 1990 Senate race, Kerry asked his challenger to "clear the air" by releasing tax returns.

"I think people want to know whether someone they possibly might send to Washington to represent them in the Senate is someone who pays their fair share of taxes,'" Kerry said. "Why is James Rappaport hiding his tax returns?" Kerry asked. "Why is it some people can live up to that standard and he can't? It seems to me that he ought to be able to release those returns and clear the air...

"Why doesn't he just release them? What is he hiding?"

And at the height of last year's primary race, Kerry vowed that "openness" would be the "hallmark" of his administration.

"As president, openness will be the hallmark of my administration, not some talking point... The highest office in the land requires the highest level of openness for the American people."



Seems Mrs. Big Ketchup does not agree with you John...are you going to equivocate on this, too?

Stay tuned.....