MyFox
 

ifilus's Blog

by ifilus

Last Post 9 days, 19 hours Ago


Did you pay your property taxes?

I did. On time. Just like every year.

But The Great American Patriot John McCain did not... nor did his multi-millionaire paramour turned wife.

Not since 2003!



According to Newsweek Magazine, the McCains have failed to pay taxes on their beach-front condo in La Jolla, California, for the last four years and are currently in default. Under California law, once a residential property is in default for five years, it can be sold at a tax sale to recover the unpaid taxes for the taxpayers.

The McCains own at least seven homes through a variety of trusts and corporations controlled by Cindy McCain.

UPDATE: Newsweek's report notes that the McCains reacted to the article by quickly paying the bulk of their four years of back taxes yesterday -- but continue to owe additional taxes.

Character anyone?
10 Comments |  Add a Comment

Member Comments Total Comments: 10
Page 1 of 1
adoseoftruth read my blog
Jul 7, 2008 | 2:30 PM

(AP) Cindy McCain's debts with the county tax collector appear to be settled.

Officials said Monday a trust controlled by the multimillionaire wife of Republican presidential hopeful John McCain had initiated payment on $1,743 owed in property taxes on a condominium in the tony La Jolla Shores area.

The payment, due in April, was scheduled to default Tuesday.

"You can reasonably assume that it is paid," San Diego County Treasurer-Tax Collector Dan McAllister said Monday.

http://www.cbsnews.com/stories/2008/07/01/politics/main
4223254.shtml?source=RSSattr=Politics_4223254

Taxes owed in the amount of $1743?!

At that amount, it seems reasonble to assume that it just slipped by someone.......not that ANYTHING gets by you IFILIS.

ifilus read my blog view my photos
Jul 7, 2008 | 4:16 PM

Actually, the McCains had stiffed San Diego County for a total of $8487.00-- $6,744.42 of which they rushed to pay when they became aware that Newsweek was about to expose them as scofflaws.

The outstanding overdue balance owed was $1,742.00 which they finally got around to paying to avoid going into default July 1.

Entitlement, anyone?

adoseoftruth read my blog
Jul 7, 2008 | 4:59 PM

Let's get some things straight. A trust is set up for the benefit of someone else, called the beneficiary. In this case, it appears that Mrs. McCain is a trustee, were she along with any other appointed trustees are responsible for the property. The property is not held for the benefit for the trustees, but for in in this case a beneficiary who was not disclosed in the story.

In any case, it is ludicrous given the nature of the property and the amount of taxes owed that to assume that it could have been any more an oversight. Embarrassing.....sure. I'll grant you that.

Jeff Olson, division chief of assessment services for San Diego County, said the post office returned tax statements for those years sent to an incorrect mailing address in Phoenix, where Cindy McCain's trusts are registered.


Entitlement??? Entitled to what??? They paid the bill without any PUBLIC ASSISTANCE!

I wish you would spend as much time educating yourself about Basic Economics and World History as you do frequenting web sights that superimpose a pitchfork in a pretty lame attempt at political satire.

adoseoftruth read my blog
Jul 7, 2008 | 5:08 PM

And it possible that she is in fact the beneficiary.

The story just doesn't make that clear.

ifilus read my blog view my photos
Jul 7, 2008 | 5:30 PM

"The issue of economics is not something I've understood as well as I should." - John McCain

adoseoftruth read my blog
Jul 7, 2008 | 7:07 PM

I'm waiting for his call.........LOL:)

TTFN

hahnmeister read my blog
Jul 8, 2008 | 4:04 PM

They also have that building in San Diego that they need to pay on as well. Its not John McCain though anyways though, so much as his wife, who's 100 million dollar fortune is linked with Busch.

So I gotta side with Dose on this one... if anyone, his wife would be the one at fault.

TonyAdina read my blog
Jul 10, 2008 | 12:19 PM

Wow....Lay off of Ifilus....He presented FACTS and "adose" Ifilus IS extremely intelligent!!It's MY opinion -- no need to bash me either!!
Great post Ifilus...I wasnt aware of this. Been "gone" awhile.

adoseoftruth read my blog
Jul 10, 2008 | 3:33 PM

Never said Ifilis wasn't intelligent. But, this story is easily explained. And he never explained exactly what he meant by "entitlement anyone?" He evidently thinks that the McCains intentionally didn't pay the property tax, and were of the mentality that they are not "entitled" to do so. But, clearly that was not the case. If my understanding is incorrect, Mr. Ifilis needs to clarify what he meant.

If he wants to make a political point and slam McCain at the same time, I think there are many more effective stories out there.

TonyAdina read my blog
Jul 10, 2008 | 5:01 PM

Adose I meant no disrespect to You .... You bring a valid issue to the table. Just really like Ifilus's writing and find Him to be very interesting! Im not real good w/ the "political stuff"....Science is my thing LOL.....Hope You All had a GREAT 4th of July.

Page 1 of 1


Write your comment below:




ifilus

I am a MyFoxLocal user who has written.

Member Since: 6/28/2007