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I think $1.6 million actually is considered a substantial amount of money to someone with two billion in net assets. However, I'm not convinced Trump's assets really are worth more than about $400 million in hard capital. If I had to guess I'd say $400 million is what he can sell his assets for, which would make his $1.6 million substantial.
originally posted by: carewemust
November 12, 2016
To the relief of SORE LOSERS who are exclaiming, "Donald Trump is not My President!", it appears that President Trump will not accept the $400,000 Presidential salary. Maybe knowing that their tax dollars are not paying "evil" Donald Trump's salary, will ease their pain somewhat?
EXCERPT:
""In addition, he promised last year that he would refuse to take a salary as president, too.
During a campaign appearance in Rochester, New Hampshire, last October, the billionaire told a crowd he would not be accepting the $400,000 annual salary if he became president.
“The first thing I’m going to do is tell you that if I’m elected president, I’m accepting no salary, OK?” Trump said. “That’s not a big deal for me.”"
FULL STORY: www.msn.com...
-cwm
originally posted by: Swills
a reply to: carewemust
Yeah, I'll believe when I see it. The man loves money so if he's turning this down that means other interests are providing him avenues to make even more money. I'm sure there's nothing shady about them avenues at all...
originally posted by: Arnie123
a reply to: Swills
We all love money. Trump is a billionaire. 400,000 is chump change compared to what his companies make. His children inherets the business and daddy moves on to bigger and grander things, like he has said, money isn't an issue and I believe him.
originally posted by: Swills
a reply to: carewemust
Yeah, I'll believe when I see it. The man loves money so if he's turning this down that means other interests are providing him avenues to make even more money. I'm sure there's nothing shady about them avenues at all...
originally posted by: burgerbuddy
The Founding Fathers would be proud of Trump and the American people for electing someone that has never held office or been a General.
A common citizen like they envisioned.
Maybe he will buy his own B-1 after he's done. I would.
originally posted by: Zanti Misfit
a reply to: carewemust
Good PR there for President Elect Trump , he does not Really Need the " Chump Change " . That 400 K a Year could be put to better use by Helping Reduce the National Debt .
originally posted by: Aazadan
originally posted by: Zanti Misfit
a reply to: carewemust
Good PR there for President Elect Trump , he does not Really Need the " Chump Change " . That 400 K a Year could be put to better use by Helping Reduce the National Debt .
Nothing is preventing him from accepting the salary, and then sending it to the IRS to apply to the debt.
originally posted by: Puppylove
By not accepting a salary he's technically volunteering. If we as his employers are not paying him, technically one could argue he owes us nothing...
I'm not sure I like those implications...
originally posted by: Agit8dChop
originally posted by: Puppylove
By not accepting a salary he's technically volunteering. If we as his employers are not paying him, technically one could argue he owes us nothing...
I'm not sure I like those implications...
Only Donald trump could refuse to take peoples money and have it be used against him!