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COLB COLB is offline
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I think you would have to tie yourself in knots to argue that any President of the United States is not part of the "1%" (assuming that percentile is even relevant.)

If the President had to account for "in kind" reimbursement on his taxes the way an average corporate CEO does, God knows what his annual adjusted income would be.

When POTUS flies Air Force One to Hawaii on vacation, he pays reimbursement for the cost of a commercial ticket. He lives rent free in the White House -- though he does get billed for meals and service costs at hotel-level prices.

When he leaves office, he will be in the pool of people who get paid $500,000+ per speech.

That isn't the current POTUS -- that is pretty much every modern POTUS.

Even if he were a pauper coming out of office (as Hillary Clinton claims to have been) -- that is a VERY temporary state.
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Old 04-30-2015, 01:21 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    #43 (permalink)