Trump’s presidency is a cash grab |
According to Donald Trump, the 45th and 47th president is a very generous man. “I am proud to be the only President (with the possible exception of the Late, Great George Washington) to donate my Salary,” he said in a Truth Social post. “My first ‘Paycheck’ went to the White House Historical Association, as we make much needed renovations to the beautiful ‘People’s House.’”
In his first term, Trump made a big show about donating his government salary. And he’s doing the same now too. The whole spectacle is just that: Trump is trying to imply that he doesn’t need the presidency, and that he’s not interested in making money through the job Americans elected him to do.
Trump’s 2020 tax returns cast doubt on whether he has donated every paycheck as president. But regardless of how much of his salary Trump is actually donating, it’s clear that the presidency has greatly benefited Trump financially. From the very beginning, Trump has used the presidency as a money-making instrument, using his perch from the White House to funnel money into his businesses. When he first won the presidency in 2016, foreign governments started spending money on his private businesses by staying at his hotels. The Secret Service