And this man is asking us to trust him with our economy?
When you’re poor, it can be hard to pay the bills. When you’re rich, it’s hard to keep track of all the bills that need paying. It’s a lesson Cindy McCain learned the hard way when NEWSWEEK raised questions about an overdue property-tax bill on a La Jolla, Calif., property owned by a trust that she oversees. Mrs. McCain is a beer heiress with an estimated $100 million fortune and, along with her husband, she owns at least seven properties, including condos in California and Arizona.
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. Shortly after NEWSWEEK inquired about the matter, the McCain aide e-mailed a receipt dated Friday, June 27, confirming payment by the trust to San Diego County in the amount of $6,744.42. 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. Told of the outstanding $1,742, the aide said: “The trust has paid all bills shown owing as of today and will pay all other bills due.” Read on…
This situation has nothing to do with the ongoing mortgage foreclosure crisis brought on by 8 years of Republican rule and deregulation, this is about a real failure of personal responsibility on the part of the McCains. I realize that they live an elite life of luxury and privilege and have more money and assets than 99% of Americans will ever know in their lifetime, but this is ridiculous. They didn’t pay the taxes on this home for four years. Don’t they pay people to pay their bills for them? Is this representative of the way John McCain will run OUR budgets? No matter how much cash they have or how many vacation homes they have to keep track of, it pales in comparison to running the U.S. economy. What a huge embarrassment for the GOP candidate and his party.
Filed Under: Campaigns/Elections, Election 08, GOP, John McCain, Republican Party
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Personally I’m outraged.
This is America, damn it!
Rich people aren’t supposed to pay taxes.
Maybe we have a new style of ref*ckyoucan tax cuts: Cut your own first, by not paying them.
McCain has so much money, he can’t keep track of the bills he has to pay….
Seven items today on how bad McCain is.
Nothing about Obama, good or bad.
I don’t think this approach is enough to win the election for Obama.
Must be nice to be filthy, stinking rich. Can you imagine how long it would take for the banks and collection agencies to be breathing down your throat if you missed a tax payment? It wouldn’t take 4 years, that’s for sure!
“Only the little people pay taxes”.
4 years? I would of be bounced for missing 4 months.
Must be nice.
an error that happens to a lot of homeowners.
a typo at the title company, a dyslexic clerk at the tax office,
an incompetent in the mail room…
Ammo for MeCain’s government doesn’t work meme.
Newsworthy only because of the name.
If the trust was delinquent on all of its holdings, as many are,
then it is worthy of grist.
Otherwise, it should not be pointed at the candidate, but rather the convoluted
nature of things and the cracks through which many Americans fall. For a paycheck to paycheck
American, this would be catastrophic.
There’s more than enough REAL problems with MeCain’s campaign more worthy of note.
Isawthelight @ 3:
Hannity is that you? We have caught you before posting trolling comments.
jitter,
It looks like they hardly DO pay any taxes on that condo. If they’re behind four years and owed $6,744 plus another $1,742, that’s a total of $8,486, or $2,125 per year. It’s less per year if those figures include interest and penalties. I really don’t understand this at all. I have an elderly woman friend in New Jersey who was paying $6,000 ten years ago in yearly taxes on a small 3-bedroom house. Maybe she should move to La Jolla, CA.
They’d better fire that fund administrator.
McCain’s aunt lives in that condo. Not only rent free she must of thought it was property tax free too.
LOL.
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Megan McCains blog,
Hi California. Long time no see. When we got the La Jolla condo we had to drain the pool and refill it. Then mom saw a spider in there so we drained it and started over. When are you guy’s going to kill those things off. Bad news is that they put a school bus stop in front of the development. We don’t even use the schools, why should we have this stuff in our face or pay for it? Anyway Dad is bringing his tax cut message to town and people are loving it. Just last night we had to get two dozen cops to manage the situation at the town hall meeting.
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But Edwards getting a $400 haircut is a “news” story that last for half a year……..
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But Edwards getting a $400 haircut is a “news” story that last for half a year……..
Christ, at least he paid for it. LMAO.
Deadbeats. That is the center of Repugnican values. That’s why they hate taxes - they are deadbeats. The rest of us pay our taxes, realizing that you pay the bill for rubbish pickup, road maintanence, ambulance/paramedic service and what have you. Most recognize that it is the price one pays for living in a society. But the Republicans are always looking out for freebies. Spoiled, childish deadbeats. Scum.
Ya, whatever. McCain’s still gonna be the next president. George Bush is God. Lord George. He’s done the impossible. The USA is no longer a Republic !! He did it in just 7 years. And he’s still totally running the show !!!! Even the democrats in congress bow to his desires (except for Kucinich, Dodd, and a few others) Bush is God.
Lord George had decided that McCain will be the next president and so it will be done. Lord George THE DECIDER.It doesn’t matter if Obama and Hillary hug on stages around the country. McCain is the next president. There’ll be a terrorist attack before the election.Most Americans don’t read Crooks and Liars, Prison Planet .com, Daily Kos, Huffington etc. The terrorist attack(s) will occur and that’s it McCain will become the winner of the election because he is “tough on terror”/”strong on Nat’l security”. If no terrorist attack -then Iran War will start.It will be a 50/50 split. The Repubs will steal the election like they did in 2000 and 2004. Americans will go back to watching reality TV shows, professional sports, porno, and drinking beer and smoking pot.
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He has just sewed up the Repuiblican undecided voter.
cindy’s looking pretty old and awfully trashy in that pic. Its time for insane mccain to trade her in on a younger, wealthier, more tastefully made-up model. lol
poor cindy. she got old. kiss of death for rethug wives.
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No, what’s pathetic is the pattern of behavior these Republicans exhibit. Buncha inept, elite yay-hoos that think taxes are for the little people and they get a free ride. Yeah, yeah, I know that it is the reality; that doesn’t make it right. If Obama didn’t pay property taxes how long do you think it would take profitmedia to honk it out on every teevee in the country? sheesh…
Johnny2Bad @ 10:
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A man who wants to be President of the United States owns eight homes (which is exactly eight more than many Americans) but is not organized enough to pay the taxes on one of them for four years and we should ignore that?
anney @ 8:
I agree about firing the person in the McInsane organization who was supposed to take care of this since it would probably mean one less lobbyist on the payroll.
This is the kind of silly thing that we complain about when it’s the republicans pointing it out. It’s a mistake in an address on some form, that just got overlooked by people busy with a million other things. I straightened out a similar situation recently with my own finances; they didn’t send the bill and I didn’t notice it was missing.
We should stick with our principles and focus on the real issues, not engage in the same silly political stunts the repugs are always using. McCain’s supporters will say that we’re being silly (and rightly so.) Our moaning about this will only reflect badly on us, and detract from the real issues, on which we’re so strong at the moment.
Mickxotic @ 19:
Profitmedia. I really like that!
jgr4 @ 22:
I think you meant dollars.
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I enjoy reading C&L. That said, I’m somewhat confused by it’s censorship of a post by Johnny2Bad @ 10 which clearly show he’s a nutcase.
Boy, miss priss is surely PROUD, isn’t she? Proud of her ability to screw her own country.
xoites defends Constitution @ 24:
I don’t know about you, but I expect my taxes to show up every year. And take care of them early to get them out of the way.
I don’t buy that they forgot about them. Who in this country forgets about their taxes? With all the talk about cutting this tax and that tax, I call bullshit. He talks about boosh’s tax cuts and yet he “forgets” his own property tax on this condo? Bullshit. They own a business for crise sakes, they have to pay quarterly taxes. 4 years??? c’mon.
Cindy was more interested in finding a new source of drugs rather than paying taxes.
He blew it off and figured he pay the penalties later.
jgr4 @ 22:
I think that McCain’s attitude to taxes IS a real issue. What we are seeing here is the result of an overstuffed sense of self entitlement. He was born on third base and thought he hit a triple; on the government dole since he left his mama’s nipple. Oh - it’s his organization’s fault, eh? We should all just ignore this; wait til his organization gets hold of the executive office?
thanks logan!
I knew we could count on you!
Legitimate criticism of your posts on this blog seems to be beyond the pale. I’ll try to be more professional on mine.
mudshark @ 27:
Since my property tax is my biggest single expense of the year - I darn know well know when it is due and have to put aside each month to budget for it.
I live in a condo also (1286 square feet with no land) and my property tax is $5485.
A million other things going on so it is easy to miss? $5485 hanging over my head every year is a ton of bricks to me. I wish I could forget about it.
If you’re a trust fund manager, I would expect you to KNOW that California is going to send a bill for property taxes, and if none is forthcoming, the Dept of Revenue in mosts states don’t hide their contact info, will be happy to change the address, and remail the bill.
I would also expect you’d know how many property tax bill had been paid, that you’d have a tracking system.
I would also expect, as beneficiary of a trust to run an audit once a year, to make sure all Is are dotted,Ts crossed, and no one managing the trust is going home with some of my money in their pocket.
How incompetent.
Bob @ 25:
I’d just like to see more substance on McCain (There’s plenty of it) instead of the “$400 haircut” variety they have posted of late. Hasn’t anyone else noticed?
jgr4 @ 22:
you read like a concern troll.
that’s four years, ok. four years. As a person who manages my own affairs, I know that nothing as significant as a house would be overlooked by ‘my managers’. not for a single year.
I consider you a concern troll (and rightly so).
Johnny2Bad @ 10:
LOL
Johnny2Bad @ 35:
character matters, in case you keep missing that point.
Johnny2Bad @ 35:
Them the facts. We are to say “no big deal” to blow off property taxes for 4 years but a $400 haircut - is blaspheme that these Neocon talk show hosts can build a 3 hour show around for months on end and have callers call in “I wish I could afford a $400 haircut too, it must be nice.” I wish, but never would ,blow off my property taxes off for 4 years. I guess I have morals.
harley @ 33:
I sold my house here in Monterey back in 03. My property taxes were 1200. a year. How is it that your property taxes are so high? Is it recently(market driven from the bubble?)
I don’t see how anyone can afford to buy a home nowadays with the market value(lower now,but still up there) and the property taxes.
Face penalties? Ha Ha Ha! They can’t do this to our “hero”, it just ain’t American! McBush should be exempt from paying taxes. He is above that. Or apparently he thinks so. If I ignored my taxes I would be sitting on the street. But then I am not a hero. McBush is a fake, a liar, and should have his VietNam imprisonment investigated. He has pretty much closed all avenues to that however. Makes you wonder.
Johnny2Bad @ 35:
Want me to say it again?
Ok.
A Presidential Candidate defaulted on his taxes. It does not matter why. It is news.
They must have someone that does their taxes. I can’t believe that they missed this little gem 4 years running. I don’t buy it.
I’d like to know if it was the entire tax bill they neglected to pay, or just a portion, because if that’s the entire tax bill for 4 years, then it’s no wonder CA is having a budget problem. Also wonder if there is some sort of loophole that’s being exploited to maintain such a low tax rate–I mean the property is just across the street from the beach.