John Kerry has now realized that living in the People’s Republic of Massachusetts means you have to pay the taxes of the People’s Republic of Massachusetts ? and millionaire/billionaire ketchup dynasties are no exception.

From The Boston Globe:

Senator John F. Kerry announced yesterday that he will voluntarily pay $500,000 to Massachusetts tax collectors on his luxury yacht, a pledge made hours after state officials had begun inquiring into whether he had attempted to evade the payment by docking the boat in Rhode Island.

The state Department of Revenue had just started looking into Kerry?s use of the $7 million sloop and into reports that it had been spotted repeatedly in Massachusetts since it was registered in March. Officials could have subpoenaed the ship?s log to see where the yacht had been, according to a Department of Revenue official who declined to be identified by name because tax cases by law are confidential.