On April 18, 2008, Senator John McCain released his tax returns for 2006 and 2007. The returns show that McCain has paid $157,231 in federal taxes for those years.
2007 return
In 2007, McCain paid $84,460 in federal taxes on a taxable income of $258,800, comprising his salary as a U.S. Senator, a Navy pension, and Social Security income. He gave a total of $223,000 to charity, including the royalties from five of his books.
2006 return
In 2006, McCain paid $72,771 in federal taxes on a taxable income of $215,304. His charitable donations totaled $145,085.
Separate tax filings
McCain and wife Cindy have filed separately throughout their marriage, due to Cindy McCain's considerably greater wealth.
References
Fast Facts
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2007 Income
$405,409
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2006 Income
$358,414
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Fact:
Born August 29, 1936
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Party
Republican
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Fact:
Cindy McCain is the controlling stockholder and chair of the board of Hensley & Co., a liquor distributor founded by her late father
