financial perks of being the president of the United States

Congress raised the presidential salary from $US200,000 to $US400,000 in 2001 (plus an extra expense allowance of $US50,000 a year). For President Trump, that is a huge decrease from his usual income – he’s worth $US3.1 billion according to Forbes.The president also receives a travel budget of $US100,000 and a $US19,000 allowance for entertainment. While a presidential salary is taxable, the other bonus benefits are not, according to the US tax code.