http://www.newsweek.com/id/143775/[/url]

REAL ESTATE
Mrs. McCain, San Diego County Would Like a Word
By Suzanne Smalley, Andrew Murr, Mark Hosenball and Nathan Dinsdale | NEWSWEEK
July 7-14, 2008 issue


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.

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."

Dan McAllister, treasurer- tax collector for San Diego County, said that about 3 percent of San Diego's approximately 1 million property owners default on their property taxes each year. The county assesses a 1.5 percent penalty for each month that goes by unpaid and puts houses up for sale after five years. "We do hear an awful lot of excuses for why people don't pay," McAllister said. "Under the law, the property owner is responsible for keeping the address current. We're only as good as the information we are given."

http://www.jedreport.com/2008/06/its-tough-being.html[/url]

For four years, San Diego County officials tried unsuccessfully to secure delinquent property tax payments on the McCains' La Jolla, California condo unit. The tax bill has now finally been paid -- apparently by Mrs. McCains' family trust -- but only after NEWSWEEK raised questions about the overdue bill.

Here's some photographs of and from the condominium complex in which the McCains' have a unit on the third floor. As you can see, it overlooks the Pacific Ocean and as a real estate agent might say, it offers spectacular views of the water, especially when the sun is setting

I hope this story goes no further.

This particular issue is a relatively very minor one, give all those other issues that they have so kindly given the Democrats to use.

if this happened to " Obama the elitist " the MSM would cry about this for 4 months

Note that it was the Newsweek article that prompted the McCains to get their financial house in order

Let me help out with convenient excuses

-Imagine the problems that the rich have in paying their obligations. They are having trouble hiring enough accountants and lawyers to handle things that the "ordinary people" have to deal with everyday

- Liberal MSM is bashing McCain

- Taxes are for the little people, my friend, how on earth can they be expected to remember to pay those silly taxes (that they deduct on income tax returns every year)