Get Financially Fit!
McCain reports over $400,000 in earnings
Let’s break down his earnings as reported by the Associated Press.
Income
- John McCain = $258,800 in taxable income based on the following:
Senate salary was $161,708.
Navy pension was $58,358.
Social security income was $23,157. - Cindy McCain earned $432,991from Hensley & Company, her family’s beer distributorship.
Expense
- The McCains donated $105,467 to charity (including their Family Foundation).
- They paid $136,572 to household employees.
- John McCain also paid $17,700 in alimony.
Note: Cindy McCain’s tax returns were not released as the couple files taxes separately. However, Cindy McCain’s fortune is well within the $100 million range.
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