Login HereI guess it's difficult to remember to pay all your real estate taxes when you own like 119 homes:
Newsweek is set to publish a highly embarrassing report on Sen. John McCain, revealing that 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, The Huffington Post has learned.
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.
That's Reformer with a capital R.
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I love this story for reasons other than the embarassment angle. Maybe voters will begin to see that McCain isn’t a ‘little guy’ and doesn’t understand middle class struggles.
Ummm…one more thing. Real estate tax on a beachfront condo are less than $1700/yr?? I live in NYS, so maybe I’m out of touch but my taxes are waaay higher than that. And I’m not on the beach.
Waaay higher.
Great catch.
Well, Cindy knows he’s a “little guy” in a certain department. Hell, I can understand why she’d steal money from a nonprofit in order to feed her voracious drug habit, since her “Busch” hasn’t been “Anhueser-ed” in decades.
Behold the wonders of the Evil Proposition 13!!! Passed in the late 70’s by the anti-tax lunatics, Prop. 13 in effect limits increases in property taxes for people who continue to live in their homes [as opposed to buying a new one]; those “poor older folks,” don’t ya know [like McCain].
As Warren Buffett, who owns a home in La Jolla, has pointed out, the property tax on his luxurious spread there is LESS than the tax on his rather ordinary abode in Omaha NE, because in Omaha, they aren’t insane, and they allow property taxes to rise with the value of the underlying property.
Buffett, BTW, is seriously opposed to Prop. 13 and its effects. It’s what got him kicked out as an adviser to The Arnold.
If anyone was as old as McCunt, one would easily forget a property or two’s taxes. The man was a POW FCS!
Picking on McBush is all well and good, but anyone can forget. Cindy has already wrote a check, with interest and penalties. I forgot my property taxes once and I’d hate to have published the number of times I’ve received a second notice from a bill I simply forgot about.
And that’s how I think most people will react to this.
Boxturtle (We have so many real issues to hammer him with, we should waste the time nitpicking?!? Let’s talk Iran….)