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Will Trump forgo presidential salary? Numerous reports suggest president-elect won’t take pay
Published time: 12 Nov, 2016 16:24
US President Donald Trump © Carlo Allegri
US President Donald Trump © Carlo Allegri / Reuters
31
Donald Trump has said he will not accept the presidential salary of $400,000 once his term as 45th president of the US gets underway, but whether he sticks to his pledge is being debated online.
Although he has not yet officially commented on the issue of his presidential salary since winning the election, a number of media outlets have published stories detailing how Trump will not draw a salary while in the Oval Office. The basis for these reports stem from comments made by Trump during the campaign.
On September 17, 2015, he told a Rochester, New Hampshire crowd, “The first thing I'm going to do is tell you that if I'm elected president, I'm accepting no salary, okay? That's not a big deal for me.”
He repeated this in a Twitter Q&A the same month, saying, “As far as the salary is concerned — I won’t take even one dollar.”
While the exact total of Trump’s wealth remains a mystery, the Republican says he doesn’t need the presidential salary. Forbes estimates his net worth is $3.7 billion, taking his property and assets into account. Trump refused to release his tax returns during the election, breaking from tradition, which leaves his wealth open to speculation.
READ MORE: Texas mom packs young son’s suitcase, throws him out for voting Trump
The US Code states the president is entitled to receive “compensation in the aggregate amount of $400,000 a year, to be paid monthly, and in addition an expense allowance of $50,000 to assist in defraying expenses relating to or resulting from the discharge of his official duties.”
If Trump sticks to his promise, he will join former presidents Herbert Hoover and John F Kennedy in forgoing the presidential pay check. Hoover had made his fortune in mining before entering the White House, while Kennedy had family money. Both donated their salary to charity.
If Trump does goes this route, it’s unclear which charity would be the recipient - his own Donald J. Trump Foundation, or maybe even the the Clinton Foundation - giving up the presidential salary will resound wide and loud among his working class base.
Many other social media users are a little skeptical, however.
31
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As long as the Federal Reserve prints money, you will have more elites doling out worthless fiat currency. No fiscal policy (tax increase or decrease, government spending increase or decrease) will change the realities of infinite inflation. End the Fed now!
So this is how the US ‘revolution’ will unfold
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It's an election....He won. Not a exam that you can take again and again until there's a different result. Sure fire way to a civil war. He won. Get over it.
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Pakistan is siding with Russia and China and old masters don't like this betrayal. Destabilising Pakistan was part of the plan but it has changed sides before the Democratic carnage that happened to Libya Therefore, small price to pay for changing sides
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GreenBowtie
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most likely they could use the exercise
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Wait for the Ukrainians to say bad things about Russia again. The Ukrainians are back stabbers while receiving very essential survival items. Be happy Poroshenko that the Russians are showing pity on you
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Russia stood with USA after 911
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This show you how dangerous Hillary's MSM brainwashed.
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Get rid of NATO. I am sure most states can find something better to spend 2 percent of GPD on.
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all these rioters are doing is proving the people who voted for trump correct
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We welcome Mr. Trump in the land of regime change. This is what they have been doing around the world. The same people who have been organizing people around the world to overthrow elected governments are the same people organizing those protests again you now. It will not be easy for you to govern. They will not let you govern. Believe me, you are opposing their privileges. You are an anti-establishment figure and trying to please them, you will fail. Just focus on your mission and serve your people. They killed Kaddafi not because he was not serving his people. They don't like Putin because he is serving his people. They don't like Assad because he is serving his people. They destroyed Ukraine for their own agenda.They did not like Gbagbo in Ivory Coast because he was serving his people. That is the cold realities. But your mission is to free this nation from those devils and serve your people. They will take you down by every means possible. But you need to resist and lead your people to the promised land by making America great again. Good Luck Brother in struggle.
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He won't be assassinated. He already bought high premium InJewrance policy.
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HomeAmerica
Will Trump forgo presidential salary? Numerous reports suggest president-elect won’t take pay
Published time: 12 Nov, 2016 16:24
US President Donald Trump © Carlo Allegri
US President Donald Trump © Carlo Allegri / Reuters
31
Donald Trump has said he will not accept the presidential salary of $400,000 once his term as 45th president of the US gets underway, but whether he sticks to his pledge is being debated online.
Although he has not yet officially commented on the issue of his presidential salary since winning the election, a number of media outlets have published stories detailing how Trump will not draw a salary while in the Oval Office. The basis for these reports stem from comments made by Trump during the campaign.
On September 17, 2015, he told a Rochester, New Hampshire crowd, “The first thing I'm going to do is tell you that if I'm elected president, I'm accepting no salary, okay? That's not a big deal for me.”
He repeated this in a Twitter Q&A the same month, saying, “As far as the salary is concerned — I won’t take even one dollar.”
While the exact total of Trump’s wealth remains a mystery, the Republican says he doesn’t need the presidential salary. Forbes estimates his net worth is $3.7 billion, taking his property and assets into account. Trump refused to release his tax returns during the election, breaking from tradition, which leaves his wealth open to speculation.
READ MORE: Texas mom packs young son’s suitcase, throws him out for voting Trump
The US Code states the president is entitled to receive “compensation in the aggregate amount of $400,000 a year, to be paid monthly, and in addition an expense allowance of $50,000 to assist in defraying expenses relating to or resulting from the discharge of his official duties.”
If Trump sticks to his promise, he will join former presidents Herbert Hoover and John F Kennedy in forgoing the presidential pay check. Hoover had made his fortune in mining before entering the White House, while Kennedy had family money. Both donated their salary to charity.
If Trump does goes this route, it’s unclear which charity would be the recipient - his own Donald J. Trump Foundation, or maybe even the the Clinton Foundation - giving up the presidential salary will resound wide and loud among his working class base.
Many other social media users are a little skeptical, however.
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GoldQuill
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As long as the Federal Reserve prints money, you will have more elites doling out worthless fiat currency. No fiscal policy (tax increase or decrease, government spending increase or decrease) will change the realities of infinite inflation. End the Fed now!
So this is how the US ‘revolution’ will unfold
PurpleBasketball
6h
It's an election....He won. Not a exam that you can take again and again until there's a different result. Sure fire way to a civil war. He won. Get over it.
Clinton supporters petition to force Electoral College to vote for her December 19
Tagirov
3h
Pakistan is siding with Russia and China and old masters don't like this betrayal. Destabilising Pakistan was part of the plan but it has changed sides before the Democratic carnage that happened to Libya Therefore, small price to pay for changing sides
Blast at southwestern Pakistan shrine, at least 43 reported killed, dozens injured
GreenBowtie
1m
most likely they could use the exercise
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Freedom League
1h
Wait for the Ukrainians to say bad things about Russia again. The Ukrainians are back stabbers while receiving very essential survival items. Be happy Poroshenko that the Russians are showing pity on you
Do it like last year: Russia supplies gas to freezing Ukrainian border town
BlueStrawberry
1d
Russia stood with USA after 911
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CyanFlower
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This show you how dangerous Hillary's MSM brainwashed.
Texas mom packs young son’s suitcase, throws him out for voting Trump
bobbit
3h
Get rid of NATO. I am sure most states can find something better to spend 2 percent of GPD on.
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Malcolm stark
8h
all these rioters are doing is proving the people who voted for trump correct
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BlueController
1d
We welcome Mr. Trump in the land of regime change. This is what they have been doing around the world. The same people who have been organizing people around the world to overthrow elected governments are the same people organizing those protests again you now. It will not be easy for you to govern. They will not let you govern. Believe me, you are opposing their privileges. You are an anti-establishment figure and trying to please them, you will fail. Just focus on your mission and serve your people. They killed Kaddafi not because he was not serving his people. They don't like Putin because he is serving his people. They don't like Assad because he is serving his people. They destroyed Ukraine for their own agenda.They did not like Gbagbo in Ivory Coast because he was serving his people. That is the cold realities. But your mission is to free this nation from those devils and serve your people. They will take you down by every means possible. But you need to resist and lead your people to the promised land by making America great again. Good Luck Brother in struggle.
Trump Doctrine
OliveAirBalloon
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"Stop funding hate" is most probably funded by Soros
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I think we always wanted to be partners with Russia. We were not allowed before..
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OliveFries
5h
YES. Bon voyage! Stick 'em on one plane and save some money. ParasiticNarcissists.
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Virtual Guru
6h
FBI: Trump: We must destroy ISIS immediately. No delays. CIA: We cannot do that, sir. We created them along with Turkey, Saudi, Qatar and others. Trump: The Democrats created them. CIA: We created ISIS, sir. You need them or else you would lose funding from the natural gas lobby. Trump: Stop funding Pakistan. Let India deal with them. CIA: We can't do that. Trump: Why is that? CIA: India will cut Balochistan out of Pak. Trump: I don't care. CIA: India will have peace in Kashmir. They will stop buying our weapons. They will become a superpower. We have to fund Pakistan to keep India busy in Kashmir. Trump: But you have to destroy the Taliban. CIA: Sir, we can't do that. We created the Taliban to keep Russia in check during the 80s. Now they are keeping Pakistan busy and away from their nukes. Trump: We have to destroy terror sponsoring regimes in the Middle East. Let us start with the Saudis. Pentagon: Sir, we can't do that. We created those regimes because we wanted their oil. We can't have democracy there, otherwise their people will get that oil - and we cannot let their people own it. Trump: Then, let us invade Iran.
Trump praises Clintons, vows to keep parts of Obamacare in 1st post-vote TV interview
Tagirov
6h
David Cameron: Asad Must go.... David Cameron Gone Hillary Clinton: Asad Must go.... Hillary Clinton Gone Barak Obama: Asad Must go... Obama Gone (nearly) Trump is clever
Trump warns that by attacking Assad, US will ‘end up fighting Russia’
BlueBucket
9h
I sell you some part of the sun .... just put money on my account ;-)
Luxembourg 1st in Europe to promise space miners resource ownership guarantee
GreenBattery
3h
Impossiable...climate change is happening so those photos of ealy cold and snow are fake.... it is 80 degrees in moscow and the polor cap is melting...Al Gore has commanded it
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bobbit
1d
I can only hope that those that vote against it we eventually lose their seats in the next round of elections.
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GoldSailboat
1d
I think the next step is to hack the Rothschild's and Rockefellers emails.
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Kinky
1d
He won't be assassinated. He already bought high premium InJewrance policy.
‘About time for an assassination’: Trump death threats swamp Twitter
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