S'porean PM salary stuns White House official
Washington (AFP) - A senior White House official on Tuesday admitted he was floored by the news that Singapore's prime minister earned five times more than US President George W. Bush." I'm going to emigrate and run for office in Singapore," the official said on condition he be identified only as "a senior administration official who sits in disbelief after reading that story."
On Monday, the Singapore government had announced a fresh 25.5 percent pay hike for Prime Minister Lee Hsien Loong, boosting his salary to 2.05 million dollars per year.
Bush gets paid 400,000 dollars per year for doing his job, according to the White House.
Combined with personal investment income, he and his wife Laura reported 618,694 dollars in taxable income in the 2005 fiscal year. They had to pay 187,768 dollars in federal taxes.
But maybe Bush shouldn't feel so bad. The Singaporean's paycheck is eight times fatter than Japanese Prime Minister Shinzo Abe's.
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posted by James Wong Wing-On at 10:01 PM
4 Comments:
Malaysian Minister's pay is pretty awful, too. Way below top level salaries in the private sector.
Of course, in Bolehland, there are many other "unrecorded" sources of income if you look hard enough.
Quick maths - what is 1% of RM 1 Billion ?
yeah ... but don't get me wrong as i do not criticise the singaporean pm on behalf of malaysia. it is just an international news item that interests me. singaporean Pm is answerable only the people of singapore in this kind of issues. cheers.
Singapore or better known as Singapore inc. is run like a business entity and for their size, its probably the best.
I think Kittykat may be right, some of our ministers may be getting as much as that....tax free....:>
i don't know if the CEO of Hong Kong SAR is paid as much as Singaporean PM. Hong Kong serves as a better comparison because of similarities of size, population number and makeup, historical background as former British colony and economic perfomance. Again, I do not speak for Hong Kong. Just a personal observation.
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