Here's another McCain slippery move. First they say they won't release tax returns at all and then they hand over a snippet of information... on a long-weekend Friday afternoon. Obviously this is part of a plan to hide where the McCain's money comes from. The idea being that the timing of the release will guarantee minimum news coverage, but will allow them to later say "Oh, that's old news... we already released our tax returns... now where are those donuts with sprinkles?"
Cindy McCain had income of $6 million in 2006
Cindy McCain had income of just over $6 million in 2006, largely from her control over the Arizona beer distributorship she inherited from her father. She paid over $1.7 million in taxes.
Per AP, she got an extension on her 2007 returns and will release those when they're finished.
The vast majority of McCain's 2006 income — over $4.5 million — comes from the line: "Rental real estate, royalties, partnerships, S corporations, etc, Attach Schedule E"
The McCain campaign released just two pages from her 1040, but the money is almost certainly from her role as Chair of Hensley & Co, the family business. (full article)
Here's another McCain slippery move. First they say they won't release tax returns at all and then they hand over a snippet of information... on a long-weekend Friday afternoon. Obviously this is part of a plan to hide where the McCain's money comes from. The idea being that the timing of the release will guarantee minimum news coverage, but will allow them to later say "Oh, that's old news... we already released our tax returns... now where are those donuts with sprinkles?"
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