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Governor´s Tax Returns Released

Governor Davis has released tax returns showing he and his wife paid more than $50,000 in federal and state taxes on an adjusted gross income of $185,000. The couple earned $193,000 last year.

Most of the family income came from the governor´s salary of $157,000. His wife, Sharon Davis, reported earning $33,000 as a director on a number of corporate boards, including Golden State Foods, an Irvine based food distributor. The state´s first couple took $34,000 in itemized deductions, most of it from state and local taxes as well as interest on their Los Angeles condominium.