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basically, the deal was the if he moors the boat in rhode island, he avoids $500,000 of taxes in his own state! in his state, massachusetts. so he s apparently skirting the tax laws right now. at least that s the allegation which he denies. right. that s the allegation. he says that it s being repaired and that it ll be brought back, and he ll pay whatever taxes. megyn: right, now that the media i think that he hasn t fallen into the charlie rangel zone which, i think, sounds a lot more serious than what s going on with senator kerry. you know what? i can t megyn, today, you ve got me. i mean, there s just too much money in politics, i ve got to say this overall. i looked at the net worth of congress people, and it s extraordinary. there are 237 millionaires in congress, 44% of all members of congress are millionaires. i guess what upsets me about that is either they come in with a ton of money, or they don t.
the city council in bell, california, voting to cut the high salaries by 90% after angry protests by some locals. and now the state s attorney general is stepping in. we re looking within the next 48 hours for these employment contracts. in addition to that, we re giving them more time to give us the background documents that go into how did this happen? what were they thinking over there? we want to find out exactly how they ever came to the conclusion that city officials should make so much money. megyn: trace gallagher life this our west woas live in our west coast newsroom. that s your state attorney general, trace, and he s talking about this issue. how do we get from the point, you know, yeah, i m ticked to potential criminal charges for it? reporter: yeah. the criminal charges could be coming down the pike. it all started, megyn, a couple of years ago when bell voted,
our country was founded on the stamp act and the tea tax, that was the revolutionary war. i understand not wanting to pay it, but when you re in this high profile of a job, a position representing the public interest, one, you ve got to do everything, you know, dot every i and cross every t and, two, the bigger question, i think, how did they get so wealthy by being a member of congress? megyn: well, john kerry married money. he married into his with teresa heinz, right. megyn: that is the ketchup. i m happy so today that the new chairman of ways and means had a negative net wealth. he s a simple, honest man from my home state who is now leading the ways and means megyn: but doesn t it play into the area about what s happening with rangel? you ve got a couple of democrats coming out and saying, he needs to resign. this bipartisan committee has said these committed ethics violation, and doesn t that play into just accountability? i don t care whether it s a
they only make $169,000 megyn: yeah. how d they get so rich? and they have two homes, so how did they get so rich? right. either way, you buy the seat because you have the money, or you somehow get wealthy when you re there. and i ve got to say i think that is a problem. too much money in politics is a problem. megyn: this is the kind of thing that disgusts the american people, right? now, listen, obviously, charlie rangel he s been accused by democrats and republicans of violating the ethics rules. and john kerry, you know, now that the media spotlight is on him, i have no doubt he will be paying the taxes and be bringing that boat, the isabelle, the yacht back to massachusetts. but the question is, what if the media scrutiny hadn t come on john kerry? would he have been able to avoid taxes by docking his yacht in rhode island and nobody would have known? you and i know, nancy, if you and i tried to do that, we d get