Election Watch: Cindy McCain releases partial tax information

The presidential campaign of Republican presidential candidate John McCain has released the top two pages of Cindy McCain's 2006 income tax return. Only two weeks ago, John McCain's wife vowed she would never make her tax information public.

The tax returns show that Mrs. McCain, who files her taxes separately from her husband, paid more than $1.7 million in federal income taxes and reported nearly $570,000 in itemized deductions.

Mrs. McCain's tax return shows nearly $350,000 in interest and dividend income, about $4.5 million in income from partnerships, trusts, rental real estate, and S corporations, and nearly $750,000 in income from capital gains. Mrs. McCain is the chairman of the board of Hensley & Co., the nation's third largest wholesaler of Anheuser-Busch products.

  • Mrs. McCain's 2006 Individual Income Tax return, Page One

  • Mrs. McCain's 2006 Individual Income Tax return, Page Two

  • John McCain's 2006 Individual Income Tax return

    Links to John McCain's 2007 income tax return and other related documents are available on the John McCain campaign Web site.


    Already a member? log in here.

    Upcoming CPE Webinars

    Aug 26
    This webcast will include discussions of recently issued, commonly-applicable Accounting Standards Updates for non-public, non-governmental entities.
    Aug 28
    Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.
    Sep 9
    In this session we'll discuss the types of technologies and their uses in a small accounting firm office.
    Sep 11
    This webcast will include discussions of commonly-applicable Clarified Auditing Standards for audits of non-public, non-governmental entities.