May 24th, 2008
12:07 AM ET
7 years ago

Cindy McCain releases 2006 tax returns

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Mrs. McCain released her 2006 tax returns Friday.
Mrs. McCain released her 2006 tax returns Friday.

WASHINGTON (CNN) – Cindy McCain released part of her 2006 tax returns Friday. The filings show she earned a total income of $6 million, and paid more than $1.7 million in taxes. She also claimed deductions of close to $570,000.

Her husband John McCain's presidential campaign said she had received an extension on her 2007 tax returns, and planned to release those as well. Her husband, presumptive Republican nominee John McCain, made his own returns public last month.

Under a prenuptial agreement, the couple keeps their tax returns and assets completely separate. Cindy McCain is heiress to a liquor fortune.

A campaign spokesman said she still had concerns about the privacy of her children - the reason she had given earlier for not releasing the records - she did not want the lingering questions continue to be a distraction from other issues.

The campaign dismissed questions over its decision to release the documents late on the Friday of Memorial Day weekend. "The campaign makes determinations when the make things public," spokesman Tucker Bounds told CNN. "This is something that came together today. We feel very good about that fact that people are able to get the information that they had asked for."

A campaign aide says that Cindy McCain made the decision recently, but this was the first time the campaign had had a chance to release the documents.

He added that the moves will exceed those of Teresa Heinz Kerry, also an heiress, when her husband John Kerry was the Democratic presidential nominee in 2004. Heinz Kerry made one year of returns public, but withheld some portions of the filing, and did not release the information until the final months of the campaign.


Filed under: John McCain
soundoff (227 Responses)
  1. CO for Obama

    I guess that what makes HER so proud of her country. Hell, I'd be proud too! What an ELITIST!

    Obama & ABC (Anybody but Clinton, 08/12

    May 23, 2008 04:43 pm at 4:43 pm |
  2. Linda in Va

    I'm ready to release my own as soon as unemployment runs out so I can go to get food stamps and lose my house to forclosure, We in the worse economy that I remember in my lifetime.

    May 23, 2008 04:43 pm at 4:43 pm |
  3. Eric Abbiss

    Spelling! It's not just for school anymore!

    May 23, 2008 04:44 pm at 4:44 pm |
  4. Will in Richmond, VA

    28% huh...
    Well, I guess she didn't find all the tax shelters. Her accountant should be fired. Refunds for the rich for the win!

    /end sacrasm

    May 23, 2008 04:45 pm at 4:45 pm |
  5. dan davenport

    Something just doesn't seem on the "up & up" here with this Barbie Doll wife of McCain, theres something below the surface that really makes me uneasy. I fear this couple greatly. I pray that Obama wins.

    May 23, 2008 04:46 pm at 4:46 pm |
  6. JamesAAMale

    Here here, teddy and kerry and heinze and obamas healthcare records and his fbi files should be made public

    May 23, 2008 04:46 pm at 4:46 pm |
  7. Chi4Obama

    And they call Obama an elitist?

    May 23, 2008 04:46 pm at 4:46 pm |
  8. Tobias

    This story is a complete fabrication. It will never happen we will take our fight to the convention and Hillary Clinton will be our nominee.

    May 23, 2008 04:47 pm at 4:47 pm |
  9. Mike

    She didn't pay 28% taxes. The report indicates she had a TOTAL income of $6m. That's very different from earned income. Deductions haven't been factored into that number. Being in the 35% tax bracket, her gross earned income after deductions would be about $5m based on those numbers. $1m (about 17% of her income) in deductions isn't very far fetched.

    And on that note, Obama 08

    May 23, 2008 04:47 pm at 4:47 pm |
  10. Beckie Sue in Montana

    That's interesting. I'm more concerned with why Hillary would make the awful comments that she made earlier today. Every site is talking about it except for CNN.

    May 23, 2008 04:47 pm at 4:47 pm |
  11. Linned

    SLO Bear you must be a Republican?

    If not Hilliary, then McCain – you're either a Republican or an Obama hater. What does Ted Kennedy's or John Kerry's wife taxes have anything to do with it.

    May 23, 2008 04:49 pm at 4:49 pm |
  12. Another Foreigner

    I make a lot lot lot LOT less and pay 35% taxes. But I give her this: she sure was quicker than Hillary in releasing her tax return.

    May 23, 2008 04:49 pm at 4:49 pm |
  13. Justin

    Cindy will make a much more beautiful First Lady than nasty Michelle.

    May 23, 2008 04:50 pm at 4:50 pm |
  14. Mark

    She is not telling all, and yes 28% taxes??? I made far less and paid 33 – 35%....wow I guess I need more money so I can hide more....

    I still contend what about the 100 million we all KNOW she is worth....

    you add that into the mix and she paid what 2% in taxes????

    I need a new job...

    May 23, 2008 04:51 pm at 4:51 pm |
  15. Lou

    Mc Cain is a dinosaur with outdated ideas. Obama should not pick Hillary. What a mistake that would be. Her anbition overshadows her whole campaign she is only out for herself and the big prize. She doesn't know when to quit.Obama will win no matter who he chooses. If democrats have any sense at all they will not let a Republican into the White House.

    May 23, 2008 04:51 pm at 4:51 pm |
  16. barackobama4prez

    Elitist.

    May 23, 2008 04:52 pm at 4:52 pm |
  17. Lee

    RICH PEOPLE PAY LESS IN TAXES THAN US POOR FOLKS!
    VERY SAD

    May 23, 2008 04:52 pm at 4:52 pm |
  18. Belle

    Does it mean YOU OBAMA supporters might have a different OPINION about the Clintons? They did NOT have to pay 33% in taxes....they chose to.

    About the Role as VP. Don't YOU realize this is just politics to Obama and Clinton?

    OBAMA is the one who fed the seeds of "she is not to be trusted, she is running a campaign of fear, a war mongerer, untruthful...etc." Of course, that is NOT negative campaigning...right? Just politics.

    Clinton brought up issues that Obama would have CERTAINLY lost the presidency in, if they occurred in November.

    As far as lies goes....Obama certainly has had his whoppers....
    Saying Wright was never his spiritual advisor, when there is documented articles "earlier" saying he was.
    Saying he was never in church and heard divisive comments, otherwise he would have left the church. Then 2 days later saying he had heard the comments.
    Selma
    Lobbyist Money
    Nuclear Legislation
    Law Professor
    Life Magazine
    Obama's Fluency in Indonesian
    Rezko saying he raised $50K...then 250K
    Campaigning on the Senate Floor (Illegal..by the way)
    NAFTA

    Oh...what about those 1999 allegations by Sinclair that he did drugs and had an affair with Obama?

    Oh...and who's campaign divulged the divorce scandals of his competitors, do you suppose, so Obama wound up as the only one running?

    Politics...Chicago Style.

    May 23, 2008 04:53 pm at 4:53 pm |
  19. nitro

    She said she would never release her returns , well they didn't have to force her to do it because no one cares. He will lose plain and simple.

    May 23, 2008 04:53 pm at 4:53 pm |
  20. tom

    So she's rich! McCain married well or at least "well to do." Didn't we know that already?

    Hillary & Bill are rich.

    Obama's a pauper by these standards.

    May 23, 2008 04:53 pm at 4:53 pm |
  21. REZ

    Darth Vadik, CA
    Macsame wants the bush tax code so his wife can continue to pay less taxes than average americans.

    May 23, 2008 04:54 pm at 4:54 pm |
  22. TunnelVision

    People are suggesting that Obama offer Hillary a position in the Supreme Court. I hope he doesn't so that she can face the music that she's trying so hard to escape, that's why she's fighting to the end deceiving the naive public into thinking that all her luggage is on the table..YEAH RIGHT!!
    She needs to be in power to escape and postpone her date with retribution.The way she tried to smear Obama when she & her husband are exponentially more dirty.

    May 23, 2008 04:54 pm at 4:54 pm |
  23. Noemi in Los Angeles, CA

    Republicans = For the Corporations, by the Corporations.

    Rich, out-of-touch elitists here.

    May 23, 2008 04:55 pm at 4:55 pm |
  24. Val

    Darth Vadik, CA,

    Do you know how to do the math? Do you know that taxes are paid after itemized deductions have been subtracted? Do you even have a clue or basic understanding when it comes to taxes?

    Apparently you don't – you are one blinded Obama supporter. Don't worry – if you think $35% is bad, with Obama in charge you'll be paying 53%.

    May 23, 2008 04:56 pm at 4:56 pm |
  25. bill

    ELITIST !!!!!!! ELITIST !!!!!!!!! ELITIST !!!!!!!!!! ELITIST !!!!!!!!!! ELITIST !!!!!!!!!!!!!

    She gets all her money from us hard working white people who drink beer like there is no tomorrow.........Burp !!!!!

    May 23, 2008 04:56 pm at 4:56 pm |
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