San Diego County officials, it turns out, have been sending out tax notices on the La Jolla property, an oceanfront condo, for four years without receiving a response. County records show the bills, which were mailed to a Phoenix address associated with Mrs. McCain's trust, were returned by the post office.An overblown nothing of a story, as it turns out. It appears to be a case of misdirected mail. The bank that oversees Mrs. McCain's family trust never got the tax notices, and the property -- where Mrs. McCain's elderly aunt lives -- owed less than $1,800 in taxes per year. Just a paperwork snafu, and the check's in the mail. No biggie.
The lede of the Newsweek story tries to play the class warfare card a bit too obviously. This is nothing but confirmation of Newsweek's status as the most left-leaning of the newsmagazines.
UPDATE: Leave it to Media Matters to complain about not enough class warfare in the media.