In 2011 the US President Barack Obama earned $400,000, along with a $150,000 expense account, a $100,000 nontaxable travel account and $19,000 for official entertaining and $10,000 per year in franking expenses (letters and postage). All of the President's salary and expenses are approved by Congress. And all of this - except the $100,000 per year in travel expenses per year and the $10,000 per year in franking expenses - is taxable income.
The US President's salary has not changed since 2001.
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