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In reply to the discussion: Obama To Give Back 5% Of Salary [View all]JDPriestly
(57,936 posts)He's giving them 5% of his salary -- which is small compared to those of the CEOs of most American corporations.
Tax capital gains over a certain amount and let people like Obama keep their hard-earned pay.
This is ridiculous.
Shame on the President for this.
And I am somewhat cynical. I remember how Clinton was depicted as so poor he could not afford his legal defense. There was even a theory that the Republicans were trying to bankrupt him.
When Obama leaves office, his sonorous speaking voice will be well paid for speeches to the convocations of the 1% and their friends. This 5% will return to him manifold if he just refrains from raising the taxes of his 1% buddies.
On the other hand, the folks who keep our government together and are being "furloughed" in order to keep the 1% in the gravy will never be repaid.
Nor will we seniors when it comes our turn and they cut our meager Social Security checks and Medicare.
What swindlers. All of them.