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Clintons, Gores release income tax returnsGore's charitable giving rises
April 13, 1999 WASHINGTON (AllPolitics, April 13) - President Bill Clinton and first lady Hillary Rodham Clinton paid $89,951 in federal income taxes for 1998 on an adjusted gross income of $504,109, according to tax returns released by the White House on Tuesday. Separately, the released returns of Vice President Al Gore and his wife, Tipper, show they earned $224,376 in 1998 and paid income taxes totaling $52,951. 
The Gores, criticized last year for only making $353 in charitable contributions, reported making $15,197 in charitable contributions in 1998. Most of that money went to organizations assisting the homeless and the mentally ill, as well as religious and education organizations. The main sources of income for the first family were the president's $200,000 salary, $74,289 from sales of Mrs. Clinton's books and nearly $200,000 from the family blind trust. The Clintons' reported $161,938 in charitable contributions, including a carryover of more than $62,000 from last year from donated profits of Mrs. Clinton's book, "It Takes a Village." They overpaid their taxes by $4,267 in 1998, according to the returns. Instead of taking a refund, the Clintons applied the sum toward their 1999 income taxes. The Clintons' 1998 return closely mirrored their taxes from the previous year. The first family reported $569,511 in adjusted gross income for 1997, and they paid $91,964 in federal taxes. The returns show that the Clintons also reported $16,665 in interest, $16,736 in dividends and $1,329 in taxable refunds or credits. The dividend and interest income includes $12,000 from a trust fund established in 1912 for whomever is the spouse of the president. Mrs. Clinton will contribute that money to charity, as she has in prior years, the White House said. The lion's share of the Gore family income in 1998 came from the vice president's $175,000 salary. In addition, the Gores reported $16,800 in income from renting their home in Arlington, Virginia, and $20,564 in profits from the sale of Gore's book. Gore's meager charitable giving in 1997 raised some eyebrows. The $353 figure was less than one-tenth the typical contribution amount for someone with the Gores' adjusted gross income. The giving pattern of the Gores has been erratic over the years. In 1996 they gave $35,530, most of which came from the proceeds of Mrs. Gore's book, "Picture This." In 1992, aided by the royalties of Gore's book, "Earth In The Balance," the couple donated $52,558. Most of that -- $50,000 -- went to the University of Tennessee to endow a chair in memory of Gore's late sister. CNN's John King and the Associated Press contributed to this report. |
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MORE STORIES:Tuesday, April 13, 1999
• First lady schedules New York trip • Congressional leaders urge Clinton to use 'anything necessary' in Kosovo • Clintons, Gores release income tax returns • Giuliani forms Senate exploratory committee • McDougal ready to testify • Moynihan, Levin push to restore health, food benefits to legal immigrants • Starr to oppose renewing Independent Counsel law • Information about Medicare HMO coverage is lacking • Fund-raiser Huang asserts Fifth Amendment privilege • Judge dismisses challenge to Hubbell indictment • Internet plays role in campaigns • 'A work in progress' -- a report card for Gov. Jesse Ventura • Despite shootings, progress slow on new visitors' center | ||||||||||||||||||||||||||||
