Betsy DeVos To Take $1 Salary If Confirmed

By NTK Staff | 01.17.2017 @7:47pm

Betsy DeVos told the Senate HELP Committee on Tuesday that she doesn’t plan to take a salary if confirmed. Sen. Tammy Baldwin (D-WI) asked DeVos whether she would take advantage of differing capital gains taxes on the sale of assets divested to comply with ethics rules. DeVos informed Baldwin that she would not be taking […]

Betsy DeVos told the Senate HELP Committee on Tuesday that she doesn’t plan to take a salary if confirmed.

Sen. Tammy Baldwin (D-WI) asked DeVos whether she would take advantage of differing capital gains taxes on the sale of assets divested to comply with ethics rules.

DeVos informed Baldwin that she would not be taking advantage of this tax loophole, and she plans on only receiving a salary of $1.

Baldwin failed to disclose that she, like many of the senators who sit on the Senate HELP Committee, has received substantial donations from teachers unions over the years.

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