Cindy McCain, the wife of presumptive Republican presidential nominee Sen. John McCain, R-Ariz., has refused to release her tax returns.

She told the Today Show's Ann Curry that even if her husband gets elected, she would still decline to make her tax return public.

"You know, my husband and I have been married 28 years and we have filed separate tax returns for 28 years," she said. "This is a privacy issue. My husband is the candidate."

When Sen. McCain released his tax returns last month, he reported paying $157,231 in federal taxes for 2006 and 2007. He and his wife have contributed $340,323 to charitable causes in the past two years. McCain earned a total of more than $740,396 in the two years, including $45,261 from Social Security and $114,854 for his Navy pension (see McCain Releases Tax Returns).

However, the returns do not go into detail about Mrs. McCain's income from her role as chairman of Hensley & Co., a privately held beer distributorship founded by her parents. Her fortune is reportedly in the $100 million range, according to the Associated Press.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access