2006-12-06 12:59:58 · 7 answers · asked by Anonymous in Politics & Government ➔ Government
The President makes $400,000 a year and the vice president makes $186,300. Keep in mind, however, that all the president's expenses are paid; he's given a house which comes along with a chef, his transportation is taken care of, etc.
I remember when New York first instituted its Tax-Free week, the then New York City mayor, Rudy Guliani, wanted to commemorate the event by purchasing something. He got out of his car, went into some store, and picked up a pair of socks. Unfortunately, he didn't have enough money on him to buy it. It was the most ridiculous thing ever because it's just how it is--why would he need to carry money around when everything he needs is paid for? Bloomberg, the mayor now, rides the subway to work though and he's a bajillionaire, so who knows?
2006-12-06 13:11:51 · answer #1 · answered by dp 2 · 1⤊ 0⤋
The President's monetary compensation is minuscule in comparison to the CEOs of most Fortune 500 companies and comparable to that of certain kinds of professionals e.g. attorneys and physicians in some parts of the United States. This is from wikipedia.
From the same , it is seen that $400.000/- is the annual income in 2001. (Should be 480,000 by now.)
Many of the presidents have not taken the salary and donated to charity like JFK and George Washington(salary of 25000$).
VR
2006-12-06 13:12:30 · answer #2 · answered by sarayu 7 · 0⤊ 1⤋
I heard that presidents get 200,000 dollars which is a lot but I thought they get paid more. It just seems like there more rich because they have all these special treatments.
2006-12-06 13:04:26 · answer #3 · answered by Yay Area 5 · 1⤊ 0⤋
It is now around 425 Thousand a year, the office got a raise last year I think.
2006-12-06 13:06:59 · answer #4 · answered by hexa 6 · 1⤊ 0⤋
Believe me it's very substantial, I think the president makes about 10 billion to 25 billion a year and we are not talking less the repairs he has to make when there is disasters
2006-12-06 13:04:09 · answer #5 · answered by Sworn By Life 3 · 0⤊ 3⤋
Hex is closest. It was 400k last I heard, but that was a few years ago...now that is just his salary. What is post on his taxes is a VERY different thing.
2006-12-06 13:08:36 · answer #6 · answered by Anonymous · 1⤊ 0⤋
http://usgovinfo.about.com/library/weekly/aa011600a.htm
http://usgovinfo.about.com/gi/dynamic/offsite.htm?site=http://frwebgate.access.gpo.gov/cgi%2Dbin/getdoc.cgi%3Fdbname=106%5Fcong%5Fpublic%5Flaws%26amp%3Bdocid=f:publ058.106
2006-12-06 14:10:31 · answer #7 · answered by gt577 3 · 0⤊ 1⤋