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DK wrote:
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." Four years overdue on an ocean front condo, and the bill is only $8,000? I guess Proposition 13 more than did it's job. No wonder the state is cash strapped. I thought the same thing. I would be looking at $40K depending on how they assess the late fees and the ocean is 10 miles from my front door. Maybe California has an exemption for the elderly like other states that cap, or eliminate, tax increases and have a lump sum deduction from the assessed value. Mrs. McCain is about 55...you think that is elderly? |