Senator Claire McCaskill, discussing a tax bill in 2011:
“It’ll maybe save me some money but cost my husband money — and that sounds like a good equation to me,” she quipped, referring to her husband, Joseph Shepard, a wealthy businessman. “We file separately, and I would be considered middle class — upper middle class. … I’m not at his level, but I think it’s fair. It will cost him money, but it’s the right thing to do.”
McCaskill is way, way, way beyond most people’s definition of “middle class” with her $174,000 annual salary. Of course, because of her husband’s wealth, McCaskill lives a lifestyle well beyond a $174,000 salary…
The Missouri Democrat bought the development’s priciest unit yet for $2.7 million in early February, Washington Business Journal reports… The condos at CityCenterDC come with features like Miele appliances in the kitchen and adjustable wardrobe systems in the bedrooms. The building includes amenities such as a party room with private wine storage and a fitness center with private spa services.
McCaskill also recently unloaded her previous Washington apartment, a two-bedroom unit in a Massachusetts Ave., NW, building she purchased shortly after she was sworn in to her first term in 2007. Her old place sold for about $750,000 and nearly $123,000 above its assessed value, according to DC property records…
McCaskill’s husband, Joseph Shepard, is a St. Louis developer whose companies received nearly $40 million in federal housing subsidies between 2007 and 2011.
McCaskill’s most recent financial disclosure form estimates her net worth to be between $15 million to $26 million. In 2011, she got in some hot water over her private plane and need to pay back $287,273 for four years of unpaid taxes on the single-engine turbo-prop Pilatus PC-12. After paying the back taxes, she boasted, “This problem came to light because of the kind of transparency that I have worked for.”
The Better Homes and Gardens of Populist Democrats, Part Four: Elizabeth Warren.
The Better Homes and Gardens of Populist Democrats, Part Five: Hillary Clinton.