June 28, 2008
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.
The only problem is that the actual story, as revealed in the second paragraph of the story, is a little different. It seems that there is a reason that the tax bills have not been paid by the bank that manages the trust on Cindy McCain's behalf.
San Diego County 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."
Gee -- that does rather make a great deal of difference, doesn't it? The US Postal Service has been returning the bills to San Diego County, which has not made any particular effort to get in contact with the bank or Mrs. McCain about the matter. And unlike a little blurb at HuffPo implies (even cutting that detail out of their Newsweek excerpt along with the bit about the bills being returned by the post office), this isn't some sybaritic retreat for the super-wealthy -- it is the residence of an elderly family member of Mrs. McCain's. Yeah, that's right -- Cindy McCain is making sure that her aunt has a roof over her head and is well cared for.
What happened when the matter was brought to Cindy McCain's attention? The bills she was given were paid -- though there still seems to be an outstanding balance that will no doubt be taken care of on Monday, probably relating to this year's bill and some penalties on the back taxes, I would suspect.
So while this is a nice attempt to create a scandal, it really isn't one. But I'm sure that the feral pigs at Kos and DU, as well as the rest of the fever swamp that is the Leftosphere, will try to gin up a controversy over it anyway.
More At Hot Air, The Moderate Voice, OTB, The Other McCain
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