Sunday, February 22, 2015

GEORGE WASHINGTON'S SALARY

George Washington's Presidential salary was $25,000 a year, which would be about $700,000 in today's money. He led a lavish lifestyle, including spending on liquor about 7% of his net earnings (which was the same as his gross salary, as back then there were no income taxes or Social Security withholding). He also pimped his ride by buying leopard-skin robes for his horses.

No comments: