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Back Taxes / California / New York #233824

CBS Evening News for Friday, Apr 12, 1974
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(Studio) President Nixon must now pay California $4200 in back taxes.
REPORTER: Roger Mudd

(Sacramento, California) [California tax board Martin HUFF cites taxes due for 1969 as $4107 and $156 due for 1970. Loss of $31,623 in 1971 and $38,508 in 1972.] Money comes from improvements on West White House and from gain Nixon made on property sale. Portion of President salary ruled taxable due to amount of time spent in California. Royalties from "Six Crises" taxable because book written in California.
REPORTER: John Harris

(Studio) Nixon owes California 6% interest on back taxes. New York state tax department studies 1969 sale of Nixon's Manhattan apt.
REPORTER: Roger Mudd

Harris, John;
Mudd, Roger

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