Topic: Rep. John Fleming says 6. million a year not enough...
mightymoe's photo
Tue 09/20/11 11:43 AM
Add John Fleming, a Republican congressman from Louisiana, to the growing, bipartisan list of relatively well-off politicians who may want to revisit the way they discuss their income in public.

During an MSNBC interview to discuss why Fleming opposes President Obama's tax increase on those earning more than $1 million per year, host Chris Jansing said that Fleming has an income of more than $6 million. Fleming quickly corrected her, saying he actually takes in a fraction of that gross amount--about $600,000.

"The amount that I have to reinvest in my business and feed my family is more like $600,000 of that $6.3 million," Fleming explained. "So by the time I feed my family I have, maybe, $400,000 left over to invest in new locations, upgrade my locations, buy more equipment."

Fleming owns a string of Subway sandwich shops and UPS store franchises that earned a gross income of about $6.3 million last year, according to a review of the congressman's finances in The Wall Street Journal.

Jansing went on to tell Fleming that his annual personal income of $200,000 from those ventures was "not exactly a sympathetic position" from which to make the case for lower taxes on the wealthy.

"You do understand, congressman, that the average person out there who's making maybe 40, 50, $60,000 out there, when they hear you only have $400,000 left over, it's not exactly a sympathetic position," she said. "You understand that?"

"Class warfare's never created a job," Fleming responded. "And that's people that will not get jobs. This is all about creating jobs, Chris, this is not about attacking people who make certain incomes. You know in this country, most people feel that being successful in their business is a virtue, not a vice, and once we begin to identify it as a vice, this country is going down."

Fleming was merely pointing out a consequence of tax increases--that business owners will have less money to re-invest and hire new workers if they decline to take a pay cut. But his message likely won't resonate, as Jansing said, with "average Americans."

Lawmakers in both parties have long found themselves appearing removed from reality. From pictures of former Democratic presidential candidate John Kerry windsurfing off Nantucket in 2004 to current Republican presidential candidate Newt Gingrich's six-figure tab at Tiffany's in 2011, national politicians can find themselves treading a fine line when it comes to discussing their wealth, especially during tough economic times.

Others may want to take note.

adj4u's photo
Tue 09/20/11 11:48 AM
national sales tax yes

income tax no

Roger7Rabbit's photo
Tue 09/20/11 12:11 PM
When I read that my first instinct was "**** you!" Reagonomics (or Trickle-Down economics) has never really worked because with all of the tax breaks we've been giving to the rich we haven't really seen them "re-investing it into their business to create more jobs." Spare the ********, you just want a bigger pincushion for your assets and to maintain your salary, it's not about job creation. And I'll believe the figures when I see your balance sheet Mr. Fleming. Moreover, Fleming calling the middle-class' lack of sympathy for HIS position as "class warfare" is plainly selfish because his $400,000 is his income after he covers all of his costs and feeding his family. How much do you think an individual making 50K or 60K has left over as part of their discretionary income Mr. Fleming? Perhaps 1% of what you have left over. Kick this ******* to the curb, it's time that lawmakers and business men/women take part in corporate social responsibility. The times of "profit-maximization" have to end for the sake of the people whose jobs have been outsourced or plainly cut just so the fat cats can save a few dollars in his/her corporate account.

mightymoe's photo
Tue 09/20/11 12:26 PM

When I read that my first instinct was "**** you!" Reagonomics (or Trickle-Down economics) has never really worked because with all of the tax breaks we've been giving to the rich we haven't really seen them "re-investing it into their business to create more jobs." Spare the ********, you just want a bigger pincushion for your assets and to maintain your salary, it's not about job creation. And I'll believe the figures when I see your balance sheet Mr. Fleming. Moreover, Fleming calling the middle-class' lack of sympathy for HIS position as "class warfare" is plainly selfish because his $400,000 is his income after he covers all of his costs and feeding his family. How much do you think an individual making 50K or 60K has left over as part of their discretionary income Mr. Fleming? Perhaps 1% of what you have left over. Kick this ******* to the curb, it's time that lawmakers and business men/women take part in corporate social responsibility. The times of "profit-maximization" have to end for the sake of the people whose jobs have been outsourced or plainly cut just so the fat cats can save a few dollars in his/her corporate account.


agreed...drinker