McCains Defaulted On Home Taxes For Last Four Years, Newsweek Reports »
Posted by: TheVisionary 2 months, 1 week ago248 Comments Report this Story
Newsweek is set to publish a highly embarrassing report on Sen. John McCain, revealing that the McCains have failed to pay taxes on their beach-front condo in La Jolla, California, for the last four years and are currently in default, The Huffington Post has learned.
Read Full Story at newsweek.com
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libsRfunny2 months, 1 week ago
From the Newsweek article ...
"...the bank that manages the trust has not been receiving tax bills on the property."
Can't pay what you don't receive. But, don't let the facts get in the way of your bent ideology.
They paid the bill -- all $6,500 of it. No big deal. Not like it was Franken penalized for not supplying mandated workers compensation coverage as well as skipping out on a hell of a lot more in taxes.
Pretty lame smear attempt by the swift-boating lefties.
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lovemylibs2 months, 1 week ago
FTA:
"San Diego County officials, it turns out, have been sending out tax notices on the La Jolla property, an oceanfront condo, for four years without receiving a response. County records show the bills, which were mailed to a Phoenix address associated with Mrs. McCain's trust, were returned by the post office. According to a McCain campaign aide, who requested anonymity when discussing a private matter, an elderly aunt of Mrs. McCain's lives in the condo, and the bank that manages the trust has not been receiving tax bills on the property."
This is a really big deal, really it is.
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Klarissa2 months, 1 week ago
the libs are desperate - they'll blame McCain for the mis-sent tax billthat should have gone to a trust taking care of an elderly aunt living in a condo.
More serious is Senator Barack Obama's sponsorship of Senate Bill 2433 aligns with the emerging core theme of his general election campaign. The change he promises will bring much-needed relief, not just to America's victims of economic injustice, but to victims worldwide. additional 845 billion over 13 years in addition to existing foreign aid expenditures.
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AlphaGnosisComment removed: User banned.14 Replies
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UnusualSuspect2 months, 1 week ago
Just as bad a smear attempt as declaring a tape of Michelle Obama saying things she might not have said...
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foksipayne2 months, 1 week ago
Still funny thing to "miss", considering the current circumstances...
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pc252 months, 1 week ago
off base as usual.......no wonder Aidenag is leading the charge and all the little Abominoids and Obamadroids are congregated here
http://hotair.com/archives/2008/06/29/good-thin...
Let's recap. Cindy McCain keeps her finances completely separate from those of her husband in accordance with a pre-nuptial agreement. At her own expense, she set up a trust to house her elderly aunt in a La Jolla condo, which (being from SoCal myself) I can assure readers is a pretty generous gesture. Like most people, she arranged to have property taxes through a third party; most of us have an escrow company making the payments through the mortgage bills, while she had the trust do it. Unfortunately, the trust gave the county the wrong address and didn't receive the bills to pay them, and didn't follow up. Since Mrs. McCain doesn't live at the property, she didn't know a problem existed.
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pc252 months, 1 week ago
McCain's opponents want to compare this to Al Franken and his serial tax problems in as many as twenty-eight states and the District of Columbia. Unfortunately, there are very important differences:
* Al Franken is the candidate, and Cindy McCain is not
* Franken actually ran the business that was supposed to pay the taxes, acting as CEO and COO
* Franken has campaigned on the issue of CEO responsibilities and legal compliance
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Klarissa2 months, 1 week ago
According to a McCain campaign aide, who requested anonymity when discussing a private matter, an elderly aunt of Mrs. McCain's lives in the condo, and the bank that manages the trust has not been receiving tax bills on the property.
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chuck-the-canuck2 months, 1 week ago
Well at least he opted for the "ignore it, maybe it'll go away" strategy, instead of the "throw money at it and maybe it'll go away" strategy.
Republicans call that fiscal responsibility.
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