Monday, September 19, 2011

Louisiana Rep. John Fleming: "By the time I feed my family, I have maybe $400,000 left over."

Posted By on Mon, Sep 19, 2011 at 11:31 AM

In an appearance this morning with MSNBC's Chris Jansing, Rep. John Fleming, who represents Louisiana's 4th District, argued against President Barack Obama's proposed tax hike for the top 0.3% of American taxpayers. But one offhand remark by Fleming is already making the rounds of the leftward blogosphere:

Fleming said raising taxes on wealthy “job creators” is a terrible idea that kills jobs because many of these people are small business owners who pay taxes through personal income rates.

Fleming is himself a businesses owner, so Jansing asked, “If you have to pay more in taxes, you would get rid of some of those employees?” Fleming responded by saying that while his businesses made $6.3 million last year, after you “pay 500 employees, you pay rent, you pay equipment, and food,” his profits “a mere fraction of that” — “by the time I feed my family, I have maybe $400,000 left over.”

Fleming went on to describe Obama's plan as "class warfare."

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