G.O.P. Inquiry Lists Gifts to Clintons in White House

The New York Times ^ | 10/10/2002 | RAYMOND HERNANDEZ

[mewzilla]

Forget about ethics rules, what about IRS law? Shouldn't some of this stuff at the very least have been declared as income?

[mewzilla]

And now that I think about it, did the folks who gave this stuff get/take a tax write-off for stuff that was essentially given to the Toons through that liebrary.

[cyncooper]

what about IRS law? Shouldn't some of this stuff at the very least have been declared as income?

I'm sure it should have.

There are many questions about their shady behavior and I am glad these investigations are going on and the reports being issued.

Also from the above article:

In February the committee issued a preliminary report in which investigators detailed nearly $400,000 in gifts that the Clintons took with them upon leaving the White House. But the report said that the Clintons underestimated the value of dozens of those gifts.

The February report also said the Clintons did not report dozens of the gifts because their value was set below the threshold for reporting gifts on disclosure statements. The threshold was $250 from 1993 to 1998, and $260 from 1999 on.

I recall that February report and am pleased to see it referenced here.

[Young Werther]

Clinton won't be gone until he is beyond the orbit of Pluto. Maybe he can be appointed ambassador to Planet X!