ROANOKE TIMES Copyright (c) 1997, Roanoke Times DATE: Tuesday, April 15, 1997 TAG: 9704150069 SECTION: NATIONAL/INTERNATIONAL PAGE: A-6 EDITION: METRO DATELINE: WASHINGTON SOURCE: ASSOCIATED PRESS
First family paid its taxes one day before deadline.
Thanks to his wife, President Clinton can claim he's a millionaire, at least on paper.
One day before tax deadline, the president and Hillary Rodham Clinton reported $1,065,101 in adjusted gross income last year. They paid $199,791 in federal taxes.
However, the Clintons are not as wealthy as the big numbers suggest. Most of the money - $742,852 - came from royalties from Hillary Clinton's book, ``It Takes a Village,'' and she is giving most of it away to charities.
From her royalties, she made donations totaling $590,000 and kept about $152,000 to pay the federal and state taxes the Clintons owe as a result of the book's revenues.
The White House also released the tax returns of Vice President Al Gore and his wife, Tipper, showing they earned $279,285 and paid federal income tax of $80,941 in 1996.
They made $35,530 in charitable contributions; $35,000 of the money came from Tipper Gore's book, ``Picture This,'' and was donated to the National Health Care for the Homeless Council.
LENGTH: Short : 34 linesby CNB