President Clinton and his wife, Hillary, paid $55,313 in federal taxes on an adjusted gross income of $263,900 during his second White House year, according to tax returns released Friday.
The tax represented 21 percent of the couple's combined income.The return shows that because of overpayments, the Clintons are due a refund of $14,418. They have elected to apply $7,500 of the overpayment to their 1995 income taxes and will accept an actual refund of $6,918.
In addition to the president's $200,000 government salary, the couple's income included interest and dividend income and capital gains on the holdings of a blind trust, a refund of 1993 taxes paid to the state of Arkansas and residual payments and royalty income.
The president also filed a return on behalf of his daughter, Chelsea. It shows $911 in tax on an income of $6,678.
The White House also released federal tax returns for Vice President Al Gore and his wife, Tipper. They showed income of $414,705 and taxes of $142,688. Approximately $220,000 came royalties on the sale of Gore's best selling book, "Earth in the Balance."