The idea behind the Whiteys was to recognize those who have done the most to eliminate government waste. The best way to eliminate government waste, of course, is to avoid paying taxes. They can't waste what you don't give them.
Previous nominees include Tim Geithner, Tom Daschle, and the great host of people who tried and failed to make it into Obama's cabinet.
Here's a new one, noted by The Jammie Wearing Fool, who points us to a piece in The Boston Herald:
Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I.John Kerry has prevented the government from wasting more than $500,000.00, simply by not paying any taxes on his luxury yacht.
Isabel - Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage - was designed by Rhode Island boat designer Ted Fontaine.
But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern.
Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven - like the Cayman Islands, Bermuda and Nassau - for tax-skirting luxury yacht owners?
Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000.
Congratulations, sir !
You win a Whitey !