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PREZ 'N FIRST LADY DON'T HAVE TO WORRY 'BOUT POOR FOLK NO MORE: Obamas: $5.5 Million Income, $1.8 Million Tax Bill

 
Cyndexia
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04/15/2010 06:05 PM
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PREZ 'N FIRST LADY DON'T HAVE TO WORRY 'BOUT POOR FOLK NO MORE: Obamas: $5.5 Million Income, $1.8 Million Tax Bill
I bet they wrote off their Health Care cost as a deduction.
chuckle




President of the United States $400,000, has a 5.5 million dollar income.. WHO IS PAYING HIM?

These presidents by Constitution must divest themselves of all Corporate Involvement, Associations with Leagues, such as Kiwanis, KC members etc..

Where is this money coming from?


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ARTICLE
Obamas: $5.5 million income, $1.8 million tax bill

[link to news.yahoo.com]

Salaries of the President and His Cabinet
The President of the United States has the most demanding job in the world. How much does he earn in salary? $400,000 per year.

While this amount pales in comparison to chief executives of major companies, the President serves the public and so does his cabinet. No one in the federal government is allowed to earn more in salary than the President.

Despite the lesser pay, jobs in politics offer prestige and stature that can't be matched anywhere else. Cabinet members who leave their jobs can enjoy lucrative opportunities in the private world from eager companies looking to hire them for their name and contacts.

Below are the salaries for the President, top federal judges and cabinet members for 2008.

Position
Salary
Executive Branch
President of the United States $400,000

Executive Schedule
Level 1: Cabinet-level officials $196,700

Level II: Deputy secretaries of departments, secretaries of military departments, & heads of major agencies  $177,000

Level III: Under secretaries of departments & heads of middlelevel agencies $162,900

Level IV: Assistant secretaries & general counsels of departments, heads of minor agencies, members of certain boards & commissions $153,200

Level V: Administrators, commissioners, directors, & members of boards, commissions, or units of agencies  $143,500

Legislative Branch
Vice President of the United States (President of the Senate) $227,300

Speaker of the House of Representatives $223,500

President Pro Tempore of the Senate $193,400

Majority and Minority Leaders - House and Senate  $193,400

Senators, Representatives, Resident Commissioner of Puerto Rico, and Delegates $174,000

Comptroller General of the United States $168,000

Deputy Comptroller General $154,600

Librarian of Congress $168,000

Judicial Branch
Chief Justice of the United States $217,400

Associate Justices of the Supreme Court $208,100

Judges, U.S. Courts of Appeal $175,100

Judges, U.S. Court of Appeals for the Armed Forces $175,100

Judges, U.S. District Courts $165,200

Judges, United States Claims Court $165,200

Judges, Court of International Trade $165,200

Judges, Tax Court of the United States $165,200

Bankruptcy Judges $151,984

Magistrate Judges $151,984

source: [link to dcjobsource.com]
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