Middle Class Blues -OR- Another lie? Well, bless her heart.

Palin's Net Worth > $1 Million


Palin's Net Worth Exceeds $1 Million, Financial Disclosure Shows
Published by Dan Auble on October 6, 2008 6:23 PM

Just before the weekend, the McCain campaign released running mate Sarah Palin's first personal financial disclosure report as well as her tax returns for the past two years. The investment picture we get from her FEC-mandated financial disclosure filing is vague, since values and income are only reported as ranges, but it is clear that the Palin family is worth at least $1 million.

The vice presidential candidate and her husband, Todd, appear to funnel most of their income into tax-advantaged retirement accounts such as an IRA, state pension plans and Todd's 401k with the oil company BP. The couple's largest non-retirement holdings are their family home, worth at least $500,000, and Todd's fishing business and fishing leasehold, with a combined worth between $150,000 and $350,000.

With the release of Palin’s tax returns, some tax experts now question whether Palin owes back taxes and penalties on more than $60,000 worth of per diem travel and lodging reimbursements that she and her family received from the State of Alaska for official travel as governor. However, the McCain-Palin campaign has their own tax lawyers who claim the omission is legitimate and the per diems should not be considered taxable income.

Slide it in on a Friday Afternoon while all eyes are still focused on the $700 Billion Bailout. Roll out your Obama MAY be a terrorist rhetoric on Monday to distract folks. Brought to you by the duo who are promising the end of politics as usual.

Not to get off on a rant...I do miss THAT Dennis Miller even if his seething was all show, no go. I have been struck by the speechifying MePalin's camp has inflicted upon us. It seems to me that replacing "OBAMA" with MeCain in anything that's spewed forth is MORE accurate toward MeCain than Obama.

Try it in tonight's debate and see if you agree.