30 Jun, 2008, 1422 hrs IST, AGENCIES
LONDON: Republican presidential nominee John McCain and his beer heiress wife Cindy have reportedly failed to pay house taxes and owe more than 225,000 dollars on credit cards.
According to The Telegraph and the Newsweek magazine, the McCains owed 6,744.42 dollars in delinquent property taxes on a California home.
After the magazine told the McCain campaign about the tax debt, most of it was paid off immediately. An aide later said that an elderly aunt of Mrs McCain, who lives at the San Diego property, appeared to have ignored the bills.
The McCains own at least seven properties and are fabulously wealthy. But in a recent Senate financial disclosure form, McCain reported that his wife owed between 200,000 and 500,000 dollars on two American Express cards while a joint card was in arrears by between 10,000 and 15,000 dollars.
In addition, one of their dependent children owed between 15,000 and 50,000 dollars to American Express. All the cards appeared to be charge cards, which means the balances have to be paid off each month.
Senator Barack Obama, the presumptive Democratic nominee, reported no financial liabilities on his financial disclosure form and listed that he had invested between 100,000 and 250,000 dollars in university savings for each of his daughters, aged seven and nine
Edited by Lt_Ripley, 02 July 2008 - 02:39 AM.