So that’s why Mrs. McCain didn’t want
to talk about her taxes

June 29, 2008

Remember when Cindy McCain, wife of presumptive GOP presidential candidate John McCain, took a hard line about not disclosing her tax filings?

Of course, that was specifically about revealing her federal tax returns. And, of course, political pressure prevailed and she released a little bit of information.

It now appears that Mrs. McCain had good reason to be leery of opening up her tax life. Newsweek reports that the property tax on a piece of California real estate owned by the McCain trust has gone unpaid for four years.

According to the article in the upcoming July 7-14, 2008, issue, San Diego County officials sent tax notices on the oceanfront condo in La Jolla for four years without receiving a response. The tax bills were mailed to a Phoenix address associated with Mrs. McCain’s trust, but were returned by the post office.

A McCain campaign aide, who requested anonymity, told Newsweek that 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. The condo is just one of seven properties the couple owns.

House_money1a_2
However, after the press inquiry, the McCains took steps to correct the delinquent property tax situation.
The McCain trust has now paid, according to Newsweek, San Diego County $6,744.42.

That’s a start. But county officials say the trust still owes an additional $1,742 for this year, an amount that is overdue and will go into default July 1.

The San Diego County treasurer told Newsweek that about 3 percent of the county’s approximately 1 million property owners default on their property taxes each year. The county assesses a 1.5 percent penalty for each month a property tax bill is unpaid. The houses are put up for sale after five years of unpaid taxes.

Whew! The McCains got in just under the wire! They should send the nosy reporters a thank you note.

In addition to the Newsweek story, you can read more about the McCain property tax debt at TPM, Capitol Hill Blue and The Huffington Post.

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
6 tax moves to consider this June

June 3, 2026

Definitely take a break this June. But taxes don’t take vacations. So, you also should…

Read More
Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • BSing

    Yeah, that’s it. The rich lady didn’t want anyone to find out because she wanted to get away with burning San Diego for a whole $8500 (that is, until they took her property).
    Nice hack job.

  • great post, nice one thank. http://pinayspeak.com

Comments are closed.