April 18, 2008 / 4:16 PM / 10 years ago

McCain paid $157,231 in federal taxes in 2006-07

WASHINGTON, April 18 (Reuters) - U.S. Republican presidential candidate John McCain paid $157,231 in federal income taxes for 2006 and 2007, according to records released on Friday that did not include those of his wealthy wife, Cindy.

McCain, 71, an Arizona senator, had taxable income of $474,104 in those two years based on his Senate salary, his book royalties, a Navy pension and Social Security income.

McCain paid $157,231 in federal income taxes for the two years.

During these years he and Mrs. McCain donated $340,323 to charitable causes, most of it to the John and Cindy McCain Family Foundation, which makes direct contributions to charities.

The McCain campaign did not release the tax returns of McCain’s wife, who inherited a multimillion-dollar Anheuser-Busch beer distributorship from her father.

“Since the beginning of their marriage, Sen. McCain and Mrs. McCain have always maintained separate finances,” the McCain campaign said in a statement.

The McCains have been married since May 1980.

“As required by federal law and Senate rules, Mrs. McCain has released significant and extensive financial information through Senate and presidential disclosure forms,” it said. “In the interest of protecting the privacy of her children, Mrs. McCain will not be releasing her personal tax returns.”

McCain donates his book royalties gained from such works as “Faith of My Fathers,” to charity. The sum has totaled more than $1.8 million since 1998, the campaign said.

Since 1991, McCain has donated the increase in his Senate salary to charity out of opposition to the congressionally approved pay increases. The cumulative total is more than $450,000, the campaign said.

Editing by Philip Barbara

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