2007-03-01 12:22:53 · 12 answers · asked by Anonymous in News & Events ➔ Current Events
He is suppose to I think he does because it doesn't matter to him he is like practically rich and he should set the example to pay taxes.
2007-03-01 12:27:07 · answer #1 · answered by orangemonkey_04 2 · 0⤊ 0⤋
Yes, even the president of the United States pays taxes. All Federal employees and lawmakers do. He also pays taxes on any capital gains he may have as well. President Clinton I believe used to release his tax returns early to get all the questions out of the way, but I don't think he was the first.
2007-03-01 20:33:41 · answer #2 · answered by Anonymous · 0⤊ 1⤋
Yes, he pays taxes on all income that he has. This includes his salary as president but excludes his spending account. (this spending account is where he pays for trips, security, etc.)
He would also pay taxes on all interest earned from investments.
To put it bluntly, he pays taxes upon the same sources of income as you would.
2007-03-01 20:32:47 · answer #3 · answered by tipp10 4 · 0⤊ 1⤋
I tell you this, You & I have to pay taxes so he had better pay them too. He shouldn't get an exemption just because he's president.
2007-03-02 18:53:06 · answer #4 · answered by Sandi Beach 4 · 0⤊ 1⤋
The president, whoever it is, is subject to all tax laws. They always make their returns public, by custom - Bush too.
2007-03-01 20:30:47 · answer #5 · answered by Anonymous · 1⤊ 1⤋
I don't believe the president would have to pay taxes ... but we never know
2007-03-01 20:26:16 · answer #6 · answered by Skater Angel 5 · 0⤊ 2⤋
he does not make enough money to pay taxes.
2007-03-03 00:23:02 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes.
2007-03-01 20:26:22 · answer #8 · answered by Anonymous · 0⤊ 1⤋
yes, like everybody else
2007-03-01 21:00:16 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Only on his private ( family ) business. stuff.
2007-03-01 20:27:15 · answer #10 · answered by Sugar 7 · 0⤊ 1⤋