The first president, George Washington, ranked second with assets of $587 million. When he was president, his annual salary was $25,000, accounting for 2% of the US budget.
Thomas Jefferson, the third president, ranked third, with a net worth of $236.8 million, but Jefferson, who spent a lot of money, was probably the most financially savvy president in American history and died of debt.
Extended data
Trump's economic initiatives:
During the campaign, Trump promised to cut taxes, saying that he would cut taxes for middle-class workers and families, cut taxes for American companies and enhance the competitiveness of American companies.
On April 20 17, the white house issued an outline of tax reform only the size of an A4 paper. The main contents are to significantly reduce the corporate tax from 35% to 15%, reduce the personal income tax file from 7 to 3 files, cancel the inheritance tax, and double the tax-free income; In September, the Trump administration announced a detailed tax reform plan, except that the highest corporate tax rate was lowered from 15% in the April outline to 20%, and its tone and content were basically the same as the outline.
Since then, the U.S. House of Representatives announced its royalty reform plan on1.2, and voted on1.6; On the other hand, the Senate introduced the tax reform plan on June 9 165438+, and it was passed on February 2, 65438+.
On 20 17 12.22, Trump officially signed the Tax Reduction and Employment Act. The Act came into effect on June 20 18. According to the tax reform bill, the US federal corporate income tax rate will be reduced from 35% to 2 1%.
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Baidu Encyclopedia-Donald Trump