The Clinton's 1998 Taxes

As reported 4/13/1999 by the White House Press Secretary.

                            THE WHITE HOUSE

                     Office of the Press Secretary
________________________________________________________________________
For Immediate Release                                     April 13, 1999


                    STATEMENT BY THE PRESS SECRETARY


     The President and Mrs. Clinton's 1998 federal income tax return 
shows $89,951 in Federal Income Tax on an Adjusted Gross Income of 
$504,109 of which $200,000 was the President's salary.  The return 
shows that the Clintons made an overpayment on their taxes during 1998 
of $4267.  The Clintons have elected to apply this overpayment to their 
1999 income taxes.

     In addition to the President's salary, the Clintons' income 
included interest and dividend income and capital gains reported by 
Paul Rudman Trust Company, the Trustee of the Clintons' blind trust; 
other interest and dividend income, a refund of 1997 taxes paid by the 
Clintons to the State of Arkansas, and royalty income from Mrs. 
Clinton's book, It Takes A Village.

     The return reports dividend and interest income of $12,000 from 
the "Henry G. Freeman, Jr., Pin Money Fund," established under his 1912 
will for whoever is, at a given time, the spouse of the President of 
the United States.  Mrs. Clinton will contribute this income to 
charitable entities, as she has in prior years.

     The return also reports total charitable contributions of $161,938 
by the Clintons, including a carryover of $62,718 from last year.  The
contributions were derived from personal contributions, "Pin Money Fund"
income, and the proceeds of Mrs. Clinton's book.  All income from the 
book (net of taxes and administrative expenses) is being donated to 
charity.

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