Cindy McCain releases 2006 tax returns
[cnn-photo-caption image= http://i.l.cnn.net/cnn/2008/POLITICS/05/23/cindy.mccain.taxes.ap/art.cindymccain.gi.jpg caption="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.
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
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.
Spelling! It's not just for school anymore!
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
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.
Here here, teddy and kerry and heinze and obamas healthcare records and his fbi files should be made public
And they call Obama an elitist?
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.
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
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.
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.
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.
Cindy will make a much more beautiful First Lady than nasty Michelle.
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...
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.
Elitist.
RICH PEOPLE PAY LESS IN TAXES THAN US POOR FOLKS!
VERY SAD
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.
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.
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.
Darth Vadik, CA
Macsame wants the bush tax code so his wife can continue to pay less taxes than average americans.
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.
Republicans = For the Corporations, by the Corporations.
Rich, out-of-touch elitists here.
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%.
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 !!!!!