Advertisement

Cuomo reveals tax returns, reports $400,000 income

Cuomo reveals tax returns, reports $400,000 income

April 19, 2017 06:28 AM

ALBANY, N.Y. (AP) - Gov. Andrew Cuomo reports earning $400,000 on his federal tax return for 2016.

The Democratic governor made his tax returns available to journalists Tuesday afternoon, revealing a sharp increase in royalties from his 2014 memoir "All Things Possible."

Advertisement – Content Continues Below

The nearly $168,000 Cuomo accrued from his gubernatorial salary is boosted by $218,000 from the book and some investment income.

The returns show Cuomo donated $20,000 to HELP USA, a charity for the homeless he founded decades ago.

Lt. Gov. Kathy Hochul and her husband reported just under $368,000 in income on their returns. They will owe $3,700 to the federal government and $1,700 to the state.

Hochul is married to William Hochul, the U.S. attorney for the Western District of New York. They donated $21,000 to charities last year.

Credits

AP

(Copyright 2017 by The Associated Press. All Rights Reserved.)

Advertisement
Advertisement
Advertisement
Rensselaer tries to woo Amazon for new headquarters

Sexual assault victim finds "Me Too" movement empowering

Albany officials to discuss Yates Street blaze

Protest to continue against oil trucks at Port of Albany

Albany cops try to bridge gap with African American teens

Advertisement