Olafur Ragnar Grimsson, President of Iceland, is the highest earning politician in Iceland, according to figures calculated from last year’s tax returns.
For a short period every year the national tax office makes its newly calculated tax figures for everybody from the previous year available to the public – and there follows a media frenzy to calculate how taxes paid translate into wages earned.
Visir.is reports that the President took ISK 1,591,000 (USD 13,207) per month last year in pay.
Other high earning politicians include Independence Party leader Bjarni Benediktsson on ISK 1,231,000 per month. MP Birgir Armannsson took ISK 1,164,000 per month in pay last year and Prime Minister Johanna Sigurdardottir was on ISK 1,100,000.
Mayor of Reykjavik Jon Gnarr took ISK 1,359,000 per month in 2009, but Visir.is was quick to point out that he did not become a politician until 2010.
The overall “Tax Queen” of Iceland in 2009 was a businesswoman in the Westman Islands who paid ISK 343 million (USD 2.84 million) in taxes for the year. She is in the fishing industry.