Donald Trump has said he will NOT accept the $400,000 president’s salary

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Donald Trump has said he will NOT accept the $400,000 president’s salary
Donald Trump has said he will NOT accept the $400,000 president's salary

Republican president-elect Donald Trump has said he will not accept a salary for being president.

Trump said at a September 17, 2015, event in Rochester, New Hampshire: ‘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.’

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Someone on Twitter asked Trump in a Q & A session, a video of which was posted on Trump’s Twitter account on September 21, 2015: ‘@realDonaldTrump, will you forgo the presidential salary if elected?’

Trump answered: ‘As far as the salary is concerned — I won’t take even one dollar. I am totally giving up my salary if I become president.

In the same video, Trump said he was ‘totally self-funding’ his campaign and said that he ‘won’t take money other than the small stuff’.

However, he later started fundraising for both himself and the Republican National Committee, Business Insider pointed out.

As of Friday, Forbes estimates that Trump’s net worth is $3.7billion.

Herbert Hoover, who made millions of dollars in mining before becoming president in 1929, and John F. Kennedy, who came from a wealthy family and became president in 1961, both donated their presidential salaries to charity.

The US Code says on its website: ‘The President shall receive in full for his services during the term for which he shall have been elected 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.’

the-star.co.ke

 

Donald Trump has said he will NOT accept the $400,000 president’s salary

1 Comment
  1. John Mbugua The Reverend says

    Ha Ha Ha Trump should donate his salary to our heroes Mau Mau organization that ha sued him in Nairobi Kenya . The matter is coming up in Dec 20th 2016.
    Thanks once again
    Mbugua the Reverend

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