Does the President have to pay taxes?
Yes, but only on his 0,000 salary and any unearned income from past investments (which are put into an independently managed blind trust during his te...
Yes, but only on his 0,000 salary and any unearned income from past investments (which are put into an independently managed blind trust during his tenure to avoid conflict of interest).
He does, however, get to live in and/or use The White House, Camp David, Air Force 1, the Presidential limos, etc. etc. etc., and have ALL the living expenses for himself (including all food, tailor made clothing, gasoline, transportation, utilities, medical care, security, golf outings, vacations, grand parties and banquets, theater performances seated in the Presidential box, private showings of new release movies, command performances by the greatest musical artists, personal servants, private secretaries, master chefs, and personal trainers) and his family paid for, TAX FREE — that is, these benefits and perqs don’t add to his taxable income. So basically, he is provided one of the most lavish life-styles in the world free of charge, and then paid 0k per year on top of that, on which he pays the standard tax rate — though he can’t claim any "uncompensated business expenses" as a deduction.
Star and rate if you like! OK? 
)
Thanks for the info
i guess…
Cool. I wish I were president.
You should post this over in the politics sections so all the head-cases over there can have a go at the president. I’m sure you would get much more interesting answers.
Yes, but, Government employees also do not pay into social security. Think of all those members of congress and so on that could be helping with social security. What do they care what happens to it, they are not investing any of their money.
Wow – but he deserves it, for sure.
yes, of course.
no
In other words, his living is provided by the country gratis and not taxed…the same as the Queen of England’s is…
yep he pays taxes. don’t forget the property taxes on his house in Illinois.
Yes he gets all these advantages but, its a very dangerous job and living every day with the real possibility of someone taking a shot at you cannot be easy. Personally, there is a lot to be said for anonymity and although he looks relaxed this is just a front, because he and his family realise that but for the security people he would be assassinated without doubt, like all other presidents. BTW the Irish prime minister is paid more than the American president. Why this is the case is contentious. The Irish population is about five million and the US two hundred million.
that is so good