Herbert Hoover and John Kennedy donated their presidential salaries to charity. Theodore Roosevelt suposedly used his salary solely for entertaining at the White House. George Washington, initially refused a salary, but was convinced by his advisers that setting a precedent of serving without pay might later prevent a worthy person without money from running for President and so agreed to take a salary.
No President has ever refused his presidential salary. However, both Herbert Hoover and John F. Kennedy both wealthy men, donated their salaries to charity. Hoover was receiving $75,000 a year in direct pay, and Kennedy $100,000 a year.
George Washington, when he learned the US Congress had voted to pay him a sum of $25,000 a year, did not want to take a salary. However, it was pointed out to him that some future presidents might find it a real hardship to do without pay, and that he should not set the precedent of refusing a salary.
President Trump has recently indicated that he will be donating his presidential salary, which is currently set at $400,000.
Just two- Herbert Hoover and John Kennedy. George Washington did at first, but became convinced that doing so would set a precedent that would keep less wealthy men from running for President and took his salary.
The first president. Well, he offered to.
George Washington was a wealthy planter (his net worth was equivalent to roughly half a billion 2010 dollars), and didn't really NEED a salary; he could have easily lived off the income from his farms. He actually told Congress that he would prefer that they simply cover his expenses as President, but for several reasons they decided it would be better to just give him a salary instead (it turns out this was brilliant: most presidents have been pretty rich, but if they had to support themselves, the position would be limited to ONLY the very rich, since they'd be the only people who could afford to take what amounts to a 4-year unpaid vacation).
Herbert Hoover wasn't as rich as Washington, but still pretty well-off (he was a mining engineer who had made a small fortune, maybe 75 million 2010 dollars). He gave at least a third of his salary to charity ... anonymously ... and used his own fortune for many things during his presidency as well. This is not quite the same thing as "not accepting pay", but it's close.
John F. Kennedy was even richer than Washington, and certainly didn't need a salary. He gave his away to charity (again, not quite the same thing, but Kennedy gave his away in its entirety, and I can't find evidence that Hoover went quite that far).
There were two that did not take their salary. George Washington and Ronald Reagan. There is alot of information about these two men and how wonderful they were.
All of them have taken it,although JFk was reported to have donated his to charity and George Washington at first refused his paycheck.
the president salary is 400,000
$400,000k annually
The Presidents salary cannot be increased or decreased at any time during his term. This is to ensure that Congress does not use the Presidents salary as a bargaining tool to influence executive decisions. Constitution Article 2 Section1 Clause 7
There have been two U.S. presidents who chose not to take a salary during their time in office. The first was George Washington, who declined a salary for his entire presidency. The second was Herbert Hoover, who also refused to accept a salary during his term in office. Both presidents were independently wealthy and felt that they did not need the salary for their service to the country.
Salary of 400k.
All of them have taken it,although JFk was reported to have donated his to charity and George Washington at first refused his paycheck.
$191,300
the president salary is 400,000
CompensationCompensation
compensation
In 2008 is was 221,100
I believe its 200,00.00
250,000
4.000.000. pesos
$400,000k annually
The annual salary for presidents was $25,000 in Tyler's day.