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Home Front: Politix
Obama's Perks: $400k, private jet, chef taxfree
2009-02-05
America's CEOs are coming under fire these days not just for their hefty salaries but also for their use of private jets, limos with drivers and free trips to posh resorts.

But they aren't alone in living this lavish lifestyle -- the president of United States gets all these perks and more. And unlike some of his Cabinet appointments, he doesn't have to pay taxes on these benefits.
Taxes are for little people and Republicans.
It might be a bit of a stretch to compare today's corporate titans with the commander in chief, but some Wall Street bloggers clearly upset with President Obama's attempts to rein in executive pay are doing just that.

"Some accountability needs to be put in place. We won't have them kicking sand in the face of taxpayers any longer," said one private equity worker on Dealbreaker.com, a Wall Street gossip site and blog.
Posted by:

#7  Well, Obama is working hard to lose $3.5 trillion of Americans' money. What should his salary and perks be capped at? Why is he getting a $11.2 billion helicopter ride. That's $400 million per helicopter and climbing. Give him CHANGE and let him ride the bus. And the 2 new Air Force Ones. Will the cost be contained to less than $2 billion? That's the entire Wall Street bonus budget blown on president Obama's rides and spinner rims aren't even included in the package.
Posted by: ed   2009-02-05 14:58  

#6  In most, if not all countries, the head of state does not pay taxes.

Air Force 1 comes with the job of commander in Chief of the Armed Forces of the United States.
Posted by: john frum   2009-02-05 14:45  

#5  Maybe you should yank tax out of anyones pay?

Envy taxes are always harmful.
Posted by: Bright Pebbles the flatulent   2009-02-05 10:49  

#4  The office gets those perks, not the man. Comes with the title. Always has.
If Wall Street's pissed off, tell em not to take the taxpayer money. See how they like driving cabs...
Posted by: tu3031   2009-02-05 10:12  

#3  Those other young men and women are Baby Killers(tm) and don't count. Didn't you get the Twitter from the One explaining this? He certainly explained it clearly on al-Arabiyah.
Posted by: lotp   2009-02-05 09:12  

#2  ..some Wall Street bloggers clearly upset with President Obama's attempts to rein in executive pay are doing just that.

Pox on both houses. One for massive greed and the other for massive ego. We have young men and women out there making both's existence possible who aren't pulling more than a fraction of compensation either see. And they have taxes yanked out of their pay every day like most Americans who aren't getting a bailout. You want to keep your business afloat and demand a bailout, you then work for us and you can live on salaries capped just like SES/GS salaries. If you don't want to take that pay, you don't need our money. Your bonus is to keep your job.
Posted by: Procopius2k   2009-02-05 09:02  

#1  Obama's Perks: $400k, private jet, chef taxfree

Don't forget the White House Granny suite.
Posted by: Besoeker   2009-02-05 07:43  

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