how much does the president of the us earn per year?
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Like the typical American, the president of the United States is on salary. Unlike the typical American worker, who brings in about $44,564 a year, the president is paid $400,000 a year, plus an extra expense allowance of $50,000 a year, a $100,000 non-taxable travel account and $19,000 for entertainment.
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Former presidents receive a pension equal to the pay that the head of an executive department (Executive Level I) would be paid; as of 2020, it is $219,200 per year. The pension begins immediately after a president's departure from office.
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According to Title 3 of the US code, a president earns a $400,000 salary and is still on government payroll after leaving office. The president is also granted a $50,000 annual expense account, $100,000 nontaxable travel account, and $19,000 for entertainment.
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['Diplomat. Average Annual Salary: $88,019. ... ', 'Ambassador. Average Annual Salary: $124,406. ... ', 'Political Affairs Officer. ... ', 'Government Affairs Manager. ... ', 'Military Operations Analyst. ... ', 'Foreign Affairs Analyst. ... ', 'National Security Agent and Analysts. ... ', 'International Trade Specialist.']
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Households in Washington have a median annual income of $74,073, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $70,979 in 2017, which represents a 4.36% annual growth.
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In 2018, if you're younger than full retirement age, you can earn up to $17,040 per year without any reduction in Social Security income. However, once your income exceeds that amount, Social Security will hold back $1 for every $2 earned.
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Pension Amounts Each former president receives the same salary as a current member of the Presidential Cabinet. For 2017, the amount was $207,800 per year. This number does not take into account the extras the former leader is entitled to including payroll for office staff and free postage for life.
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The president of the United States pays for meals for himself, his family and personal guests. ... Although the president pays his family's personal meals, the White House chefs who often prepare the president's meals are paid by the government. State dinners are paid for by taxpayers.
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No, the president's income is not tax-free. The president, like most other American citizens, must pay taxes and file a tax return. The same laws that govern taxpaying American citizens apply to the president because they are still considered citizens.
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Trump reported a yearly income of $362 million for 2014 and $611 million from January 2015 to May 2016. Trump and his family reported more than $500 million of income in mid-2018 financial disclosure forms.
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['Lawyer.', 'Sales manager. ... ', 'Business operations manager. ... ', 'Pharmacist. ... ', 'Financial advisor. ... ', 'Optometrist. Mean salary: $119,980 per year. ... ', 'Actuary. Mean salary: $116,250 per year. ... ', 'Political scientist. Mean salary: $115,300 per year. ... ']
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The amount of the pension is equal to the annual salary of heads of Executive Branch departments, such as Cabinet secretaries. As of 2018, this amount is $210,700 per year (this amount is set by Congress each year). The presidential pension is taxable income and begins as soon as the president leaves office.
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Much like the duties and responsibilities of campaign managers tend to differ, the same can be said for how much money they make. For example, based on data from PayScale, the average campaign manager salary in the United States is approximately $56,961. ... Performance also plays a role in the variation in salaries.
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The vice president's salary is $235,100. ... The vice president does not automatically receive a pension based on that office, but instead receives the same pension as other members of Congress based on his position as president of the Senate. The vice president must serve a minimum of two years to qualify for a pension.
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The Presidential Scholarships are renewable and worth $1,500 to $15,000 per year. The University Scholarships are renewable and worth $2,00 to $10,000 per year.
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In 2017, 193 union presidents earned more than $196,050 in total compensation. Timothy Canoll, president of the Air Line Pilots Association, made nearly $793,000. He was joined by five other union presidents who collected well over $500,000.
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ADP employees earn $55,000 annually on average, or $26 per hour, which is 17% lower than the national salary average of $65,000 per year. According to our data, the highest paying job at ADP is a Vice President at $175,000 annually while the lowest paying job at ADP is a Security Officer at $25,000 annually.