A journalist questions U.S. President Richard Nixon about his income tax returns during a press conference in Orlando, Florida. The journalist mentions the amount of income tax paid by the President in years 1970 and 1971. He asks the President about the accuracy of these figures as well as his opinion on disclosing of personal finance by an elected official. The President responds that he has disclosed his personal finance. He briefly discusses his income tax returns for the past recent years. He states that the former President Lyndon Baines Johnson had told him that under the 1969 law, the Presidential or the Vice Presidential papers given to the Governor could be taken as a deduction from the tax. The President states that he has submitted his Vice Presidential paper for this purpose. He talks about his papers and notes. He states that he did what he was told.
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