Don't blame Ted Kennedy....he didn't know!

[Jimmy S]

In part:
Sen. Edward M. Kennedy got hefty tax breaks on his $4.5 million Washington, D.C., mansion for at least two years - even though he never met the basic residency requirement for the deductions.

While Kennedy resides in Massachusetts, he received property tax credits in 2003 and 2004 on his home in a tony Washington neighborhood that were meant only for homeowners who call D.C. their principal residence.

Of 22 senators who took the deduction, Kennedy stood to save the most money in the coming tax year - about $7,700 off the tax bill for his $4.5 million home, according to a review by the Kansas City Star of tax and real estate records.

Called on the issue yesterday, the Bay State senator's staff said Washington officials gave him the deductions in error and without his knowledge - and vowed he will reimburse the D.C. government for the property tax breaks.



http://news.bostonherald.com/politic...rticleid=82472

[burniegoeasily]

Not surprising.

[Alsatian]

BFD

I hate Ted Kennedy, but he probably doesn't know squat about the taxes on a house in DC. Hell, I don't know much about my taxes on my modest home where I live. I trust the mortgage company is paying my taxes out of escrow, that I don't have some bogus "senior citizen" discount applied to my tax bill, etc. If you were Ted Kennedy, would you be spending 5 minutes worrying about lowering your tax bill by $7,000? I wouldn't.

[Knightia]

you were Ted Kennedy, would you be spending 5 minutes worrying about lowering your tax bill by $7,000? I wouldn't

It py for bout 6 mths worth or so of whiskey for him - some ppl are pretty frugal& will take any free giveaways, no matter how much money in the bank- 5 min for 7 k ya even big head teddy do it i think.

[boysda]

santorum ran into a similar problem in western pa

[apmaurosr]

I thought that Sen. Kennedy was such a staunch advocate of redistributing the wealth of our nation through tax policy that he wouldn't even dream of taking a tax break. He continues to support social programs and the necessary tax increase to pay for them. He continues to pontificate that the wealthiest among us (Sen Kennedy is in this category) should pay more of the tax burden - why would he even consider taking a tax break? He wouldn't be a hypocrit would he?

Ant

[DougMD]

"Do as I say, not as I do."

[Sswpriz]

These politicians think nothing of it until they get caught with their hands in the cookie jar !!! [:@][:@]