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Yes, he does. Indirectly anyway. The President does not have direct control of this process. He does set the agenda and direction that the Congress is to go. The power is in the Congress. If they had morals they could resist the temptation to take more from the public and not provide a bill that raises taxes.

The President ultimately signs for the new tax bill and budget each year.

Another View: As an employee of the US Government, the President is subject to income taxes (and ALL other taxes) the same as any other individual citizen.

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12y ago

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