More Calls For Cindy McCain To Release Her Tax Returns

By Justin Gardner | Related entries in Cindy McCain, McCain, Money, Taxes

This time from the decidedly conservative editorial board of the Washington Times:

Cindy McCain refuses to release her tax returns. This is not just a questionable political decision that threatens to haunt her husband’s campaign for the next six months. It is also the wrong decision. Mrs. McCain needs to change her mind and release the returns as quickly as possible. How Republican John McCain, the presumptive presidential nominee who rightly fancies himself the king of transparency on Capitol Hill, and his campaign strategists can permit this open sore to fester is unimaginable.

With a net worth estimated in the range of $100 million, Mrs. McCain would directly benefit from her husband’s pledge to permanently extend the top income-tax rate of 35 percent (which was lowered from 39.6 percent in 2001), the top capital gains tax rate of 15 percent (which was lowered from 20 percent in 2003) and the top dividend tax rate of 15 percent (which was lowered from 38.6 percent in 2003). Mr. McCain opposed those cuts in 2001 and 2003, but now wants to make them permanent. The McCains may also derive great benefit from his promise to completely eliminate the individual alternative minimum tax. Until she releases her tax returns, voters cannot know for certain.

From the revelation today that Cindy owned mutual funds linked to Sudanese companies, to the idea that McCain has very little personal wealth himself after nearly 30 years of marriage, it’s pretty obvious that she needs to release them. That’s all there is to it. The sooner the better.

This entry was posted on Wednesday, May 14th, 2008 and is filed under Cindy McCain, McCain, Money, Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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