President Elect Trump is gonna turn down his Presidential Salary

President Elect Trump is gonna turn down his Presidential Salary (Full Version)

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Greta75 -> President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 7:56:21 PM)
This deserves an standing ovation! Trump isn't putting his family's business in a blind trust -- leaving it to his children instead -- but does plan to turn down the salary typically paid to presidents. "I've never commented on this, but the answer is no. I think I have to by law take $1, so I'll take $1 a year. But it's a -- I don't even know what it is," Trump said, before turning to Stahl and asking, "Do you know what the salary is?" When Stahl told Trump it is $400,000 per year, he said, "No, I'm not going to take the salary. I'm not taking it." http://edition.cnn.com/2016/11/13/politics/donald-trump-60-minutes-first-interview/index.html Fantastic! I wonder what my Singaporeans Hillary supporters will say now. THIS precisely the kind of thing our local people love to see politicians do. My gut was right about Trump.

LadyDemura -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 8:12:25 PM)
quote: ORIGINAL: Greta75 This deserves an standing ovation! Trump isn't putting his family's business in a blind trust -- leaving it to his children instead -- but does plan to turn down the salary typically paid to presidents. "I've never commented on this, but the answer is no. I think I have to by law take $1, so I'll take $1 a year. But it's a -- I don't even know what it is," Trump said, before turning to Stahl and asking, "Do you know what the salary is?" When Stahl told Trump it is $400,000 per year, he said, "No, I'm not going to take the salary. I'm not taking it." http://edition.cnn.com/2016/11/13/politics/donald-trump-60-minutes-first-interview/index.html Fantastic! I wonder what my Singaporeans Hillary supporters will say now. THIS precisely the kind of thing our local people love to see politicians do. My gut was right about Trump. It's pocket change to him. Not that there's a chance of this happening, but I'd rather see someone who actually needs the salary, and would be a bump up. Perhaps someone like a high school History teacher...I think I'd rather have ANY random high school History teacher than Trump...

Edwird -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 8:18:24 PM)
Not many can afford to do that. As mentioned, he would hardly notice one way or the other, so it's not like any great statement. George Washington didn't want to take a salary but was told it would not be a good precedent. If he had done that, then the one following might have been perceived as greedy in taking the pay check, and they didn't want only people wealthy enough to work without salary to run for office. Herbert Hoover and John F. Kennedy gave their salaries to charity.

tamaka -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 8:22:33 PM)
I guess he could have donated it to the Clinton Foundation.

BamaD -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 8:32:53 PM)
quote: ORIGINAL: Edwird Not many can afford to do that. As mentioned, he would hardly notice one way or the other, so it's not like any great statement. George Washington didn't want to take a salary but was told it would not be a good precedent. If he had done that, then the one following might have been perceived as greedy in taking the pay check, and they didn't want only people wealthy enough to work without salary to run for office. Herbert Hoover and John F. Kennedy gave their salaries to charity. So did Barry Goldwater and who knows how many others.

BamaD -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 8:35:10 PM)
quote: ORIGINAL: LadyDemura quote: ORIGINAL: Greta75 This deserves an standing ovation! Trump isn't putting his family's business in a blind trust -- leaving it to his children instead -- but does plan to turn down the salary typically paid to presidents. "I've never commented on this, but the answer is no. I think I have to by law take $1, so I'll take $1 a year. But it's a -- I don't even know what it is," Trump said, before turning to Stahl and asking, "Do you know what the salary is?" When Stahl told Trump it is $400,000 per year, he said, "No, I'm not going to take the salary. I'm not taking it." http://edition.cnn.com/2016/11/13/politics/donald-trump-60-minutes-first-interview/index.html Fantastic! I wonder what my Singaporeans Hillary supporters will say now. THIS precisely the kind of thing our local people love to see politicians do. My gut was right about Trump. It's pocket change to him. Not that there's a chance of this happening, but I'd rather see someone who actually needs the salary, and would be a bump up. Perhaps someone like a high school History teacher...I think I'd rather have ANY random high school History teacher than Trump... Who is more vulnerable to bribery, someone who doen't need the money or someone who does?

Edwird -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 8:38:29 PM)
quote: ORIGINAL: BamaD quote: ORIGINAL: Edwird Not many can afford to do that. As mentioned, he would hardly notice one way or the other, so it's not like any great statement. George Washington didn't want to take a salary but was told it would not be a good precedent. If he had done that, then the one following might have been perceived as greedy in taking the pay check, and they didn't want only people wealthy enough to work without salary to run for office. Herbert Hoover and John F. Kennedy gave their salaries to charity. So did Barry Goldwater and who knows how many others. When was Goldwater president? Yes there were plenty others in congress who did that, but the OP and subsequent discussion is about presidential salary.

Greta75 -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:03:32 PM)
FR I bet Mittens wouldn't have done the same. No matter how rich someone is. They could have just kept the salary. I think it's a great gesture.

LadyDemura -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:04:19 PM)
quote: ORIGINAL: BamaD quote: ORIGINAL: LadyDemura quote: ORIGINAL: Greta75 This deserves an standing ovation! Trump isn't putting his family's business in a blind trust -- leaving it to his children instead -- but does plan to turn down the salary typically paid to presidents. "I've never commented on this, but the answer is no. I think I have to by law take $1, so I'll take $1 a year. But it's a -- I don't even know what it is," Trump said, before turning to Stahl and asking, "Do you know what the salary is?" When Stahl told Trump it is $400,000 per year, he said, "No, I'm not going to take the salary. I'm not taking it." http://edition.cnn.com/2016/11/13/politics/donald-trump-60-minutes-first-interview/index.html Fantastic! I wonder what my Singaporeans Hillary supporters will say now. THIS precisely the kind of thing our local people love to see politicians do. My gut was right about Trump. It's pocket change to him. Not that there's a chance of this happening, but I'd rather see someone who actually needs the salary, and would be a bump up. Perhaps someone like a high school History teacher...I think I'd rather have ANY random high school History teacher than Trump... Who is more vulnerable to bribery, someone who doen't need the money or someone who does? If someone is hurting for money with a $400,000 salary and free housing at a really nice White House, they really owe some people, which is why tax returns should be required to be public before running...

tamaka -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:10:10 PM)
$400,000 /year is not much... especially for that job.

notxofast -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:38:22 PM)
quote: ORIGINAL: Greta75 This deserves an standing ovation! Trump isn't putting his family's business in a blind trust -- leaving it to his children instead -- but does plan to turn down the salary typically paid to presidents. "I've never commented on this, but the answer is no. I think I have to by law take $1, so I'll take $1 a year. But it's a -- I don't even know what it is," Trump said, before turning to Stahl and asking, "Do you know what the salary is?" When Stahl told Trump it is $400,000 per year, he said, "No, I'm not going to take the salary. I'm not taking it." http://edition.cnn.com/2016/11/13/politics/donald-trump-60-minutes-first-interview/index.html Fantastic! I wonder what my Singaporeans Hillary supporters will say now. THIS precisely the kind of thing our local people love to see politicians do. My gut was right about Trump. Maybe this is why? https://www.rt.com/usa/310524-trump-invested-keystone-pipeline/ He's a BILLIONAIRE playing patty-cake. Let me guess what happens when he gets bored with the game.

Greta75 -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:40:08 PM)
quote: ORIGINAL: notxofast Maybe this is why? https://www.rt.com/usa/310524-trump-invested-keystone-pipeline/ He's a BILLIONAIRE playing patty-cake. Let me guess what happens when he gets bored with the game. Remember there was a time where many doubt he was even an billionaire. But this still means nothing. He could have kept his salary. It's free money, and could pay for his wife's expenses.

Greta75 -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:45:00 PM)
FR Do you guys know what a big gesture this is? He is walking the talk. He said he is gonna save this country money. And he made the first move by volunteering to give up his own salary to save the government money. He run the cheapest election, didn't end up wasting multi-millions like Hillary did. THINK of all that money could be put to better use. He knows his Salary is better off paying the government debt off or for whatever uses that America could use it better than giving it to him. It is the taxpayers money. He is giving it back. Rich or not rich. Not every rich person would have done this IF President.

tamaka -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:46:33 PM)
I think he prefers to think of himself as a volunteer rather than an employee.

DaddySatyr -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:53:31 PM)
Let's be very clear, here: As president, he gets: Free housing Free transportation Free food/household items Free vacations There's not really much he needs money for, but let's dig a little deeper. Let's suppose he *does* need money, at some point. If he's not taking a salary, whence will that money come? Certainly his corporation can't be paying him, while he's serving. He's already said he's not putting his money in a blind trust (which can be set up for periodic pay-outs). I think something may be rotten in Denmark, already. That or I question the validity of this announcement. Michael

ThatDizzyChick -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 9:56:56 PM)
Good. I am proud of him. Though the no blind trust thing is potentially worrisome, however there is nothing that requires him to do so, which is why it is only potentially worrisome.

LadyDemura -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 10:29:53 PM)
quote: ORIGINAL: ThatDizzyChick Good. I am proud of him. Though the no blind trust thing is potentially worrisome, however there is nothing that requires him to do so, which is why it is only potentially worrisome. I don't see how a blind trust could really be blind for his situation. He knows the real estate, casino, golf course, hotel, apparel,(insert any others here) industries really well , and knows what policies will help them and what will hurt them. Seeing or not seeing the books on these business ventures won't change what is perceived to be good for these businesses. low taxes...

BamaD -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 10:33:29 PM)
quote: ORIGINAL: Edwird quote: ORIGINAL: BamaD quote: ORIGINAL: Edwird Not many can afford to do that. As mentioned, he would hardly notice one way or the other, so it's not like any great statement. George Washington didn't want to take a salary but was told it would not be a good precedent. If he had done that, then the one following might have been perceived as greedy in taking the pay check, and they didn't want only people wealthy enough to work without salary to run for office. Herbert Hoover and John F. Kennedy gave their salaries to charity. So did Barry Goldwater and who knows how many others. When was Goldwater president? Yes there were plenty others in congress who did that, but the OP and subsequent discussion is about presidential salary. When he was a senator, I am pretty sure that Kennedy did so when he was in congress also.

BamaD -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 10:36:37 PM)
quote: ORIGINAL: LadyDemura quote: ORIGINAL: BamaD quote: ORIGINAL: LadyDemura quote: ORIGINAL: Greta75 This deserves an standing ovation! Trump isn't putting his family's business in a blind trust -- leaving it to his children instead -- but does plan to turn down the salary typically paid to presidents. "I've never commented on this, but the answer is no. I think I have to by law take $1, so I'll take $1 a year. But it's a -- I don't even know what it is," Trump said, before turning to Stahl and asking, "Do you know what the salary is?" When Stahl told Trump it is $400,000 per year, he said, "No, I'm not going to take the salary. I'm not taking it." http://edition.cnn.com/2016/11/13/politics/donald-trump-60-minutes-first-interview/index.html Fantastic! I wonder what my Singaporeans Hillary supporters will say now. THIS precisely the kind of thing our local people love to see politicians do. My gut was right about Trump. It's pocket change to him. Not that there's a chance of this happening, but I'd rather see someone who actually needs the salary, and would be a bump up. Perhaps someone like a high school History teacher...I think I'd rather have ANY random high school History teacher than Trump... Who is more vulnerable to bribery, someone who doen't need the money or someone who does? If someone is hurting for money with a $400,000 salary and free housing at a really nice White House, they really owe some people, which is why tax returns should be required to be public before running... They make 400,000 and someone offers them a million that is a lot more money, particularly when they have been making 30,000. Offer someone like Trump a million and they will laugh in your face.

DaddySatyr -> RE: President Elect Trump is gonna turn down his Presidential Salary (11/13/2016 10:37:56 PM)
quote: ORIGINAL: LadyDemura I don't see how a blind trust could really be blind for his situation. He knows the real estate, casino, golf course, hotel, apparel,(insert any others here) industries really well , and knows what policies will help them and what will hurt them. Seeing or not seeing the books on these business ventures won't change what is perceived to be good for these businesses. low taxes... Actually, the idea is more of a "Chinese Wall" where information can only flow one way. A blind trust would be managed by some sort of financial advisor type. That advisor wouldn't know what the president is about to do so the advisor's management of the fund is not colored by "insider information". President Trump would be foolish to turn over his entire enterprise to someone with no vested interest (other than a "broker fee") in the continuity of the enterprise. I would be concerned about conversations between himself and his children, though. They will be running Trump Enterprises. How do you "legislate" what a father says to his children or vice-versa? It's not like this has never happened before, of course, but there's always the worry about the mere appearance of impropriety. Michael

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