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Income Taxes / Carters / Mondale / Agnew #49210

ABC Evening News for Friday, Jun 24, 1977
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(Studio) Jimmy and Rosalynn Carter file 1976 income tax return. President says he doesn't owe anything, but pays $6000 anyway.
REPORTER: Harry Reasoner

(DC) Carters get business tax credit from peanut warehouse in Plains, thus are due $26,000 refund. President writes IRS (Internal Revenue Service) that he's giving $6000 to fed. government According to spokesperson, Carter tried to get royalties from book, "Why Not the Best?", on 1976 return, but IRS (Internal Revenue Service) ruled it must be reported on 1977 return. Press Secretary Jody Powell says they're dealing with appearances, as well as reality. Carter's campaign comment with regard to need for tax reform noted.
REPORTER: Sam Donaldson

(Studio) IRS (Internal Revenue Service) gives Vice President Mondale clean bill, after auditing 1976 return, but says Spiro Agnew owes back taxes and penalties from 1973; details noted.
REPORTER: Barbara Walters

Reporter(s):
Donaldson, Sam;
Reasoner, Harry;
Walters, Barbara
Duration:
00:02:40

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