Tuesday, May 29, 2007

Romney pledges salary to charity if elected president



"When I got started, I went to school and I never anticipated that I'd be as financially successful as I was, and then my business went far better than I expected it would," Romney, a former venture capitalist, told a woman who asked him how the country's political system could be corrected if most of the presidential candidates are millionaires.

Romney's assets makes him the wealthiest of all the presidential candidates, Democratic or Republican.

"I wouldn't disqualify somebody by virtue of their financial wealth or their financial poverty," Romney said after ticking off his public service work. "I would instead look at their record, what they've done with their life and whether they can make a difference, whether the things they have learned will enable them to be an effective leader."

Later, speaking with reporters, Romney said he would likely accept the presidential salary of $400,000 annually but donate the money. While governor, Romney declined his $135,000 annual salary.

"I haven't really thought ahead that far," Romney said at first. "There are some questions I haven't forecasted, perhaps because that would seem presumptuous of me."

Then, he added: "I presume I would take the salary and then I would donate at least that amount -- or more -- to charity."

cnn.com

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