I think Josh Marshall properly frames the question of John McCain’s dubious tax-return release, asking how Hillary Clinton would be received had she of done what McCain has done.
First, an overview of the basics, from The New York Times’ political blog, The Caucus:
Senator John McCain released his income tax returns for the past two years showing that he received over $740,000 during 2006 and 2007 from his Senate salary, book royalty payments, his military pension and Social Security.
But yesterday’s release did not shed new light on the extent of the presumptive Republican presidential candidate’s wealth which comes from his wife, Cindy McCain.
Mrs. McCain holds a significant stake in a Phoenix-based beer distributorship, Hensley & Co. that her late father helped found. To date, she has not disclosed the size of her stake in the privately-held concern. But published estimates have speculated that it could be worth up to $100 million or more.
Hensley or entities controlled by it also have sizable real estate holdings, primarily in Arizona, public filings show.
In a statement accompanying the release of Senator McCain’s taxes, his campaign stated that it was not releasing Mrs. McCain’s personal taxes “in the interest of protecting the privacy of her children.”
So much for straight talk. McCain doesn’t just live off his own salary. He lives as a couple with his wife, relying on her connections and cash to make his career. As Marshall points out, Hillary Clinton wouldn’t be getting a pass on this.
What if Hillary Clinton released her income tax records showing relatively unremarkable (by senate standards, where almost everyone is fairly wealthy) income and said that Bill files separately and he’s a private person so he wouldn’t be releasing his?
I do not think she’d get a very easy ride from the press since Bill now makes all the money and it’s against his sources of income that any potential conflicts of interest or sources of embarrassment would likely arise.
The returns came out today, so it’s still possible that the media will do its job on this. But given the media’s track record on McCain, I’m not holding my breath.
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