Mr. Taxman…do you visit our elected officials?
Have you ever wondered if our President, VP have to pay Federal taxes? There is a “Tax History Project” that keeps track of Presidential taxes. We all have heard of senators and other elected officials and their tax problems. So I think it is safe to say they do pay there taxes, but they do have a few more perks than the average tax payer.
The National Taxpayers Union, though they seem to be negative have a lot of information concerning perks of a congressionals job.
Ever wonder what our congressionals make?
Congress: Leadership Members’ Salary (2009)
Leaders of the House and Senate are paid a higher salary than rank-and-file members.
Senate Leadership
Majority Leader - $193,400
Minority Leader - $193,400
House Leadership
Speaker of the House - $223,500
Majority Leader - $193,400
Minority Leader - $193,400
A cost-of-living-adjustment (COLA) increase takes effect annually unless Congress votes to not accept it.
President?
$400,000 is the annual salary
$150,000 expense account
$100,000 (non taxable) travel account
$19,000 entertainment account
VP?
Well I can find where Cheney made $208,100 with additional expense accounts.