John Fleming, GOP Congressman, Blasts Obama Over Buffett Rule: I Can’t Afford A Tax Hike

Rep. John Fleming (R-La.) appeared on MSNBC Monday morning to express opposition to President Barack Obama’s deficit reduction plan, which includes a proposal to raise taxes on the wealthy. Fleming charged that the plan is a terrible idea which kills jobs provided by wealthy “job creators” who pay personal income taxes. When asked about his business ventures — including his role in a number of Subway restaurants and UPS stores — from which he earned $6.3 million last year, Fleming told MSNBC host Chris Jansing that his business expenses left him with little to tax “by the time I feed my family.” Fleming told Jansing that the $6.3 million is “before you pay 500 employees, you pay rent, you pay equipment and food.” “The actual net income of that was a mere fraction of that amount.” “By the time I feed my family, I have maybe $400,000 left over,” Fleming said. Jansing pointed out that to a person making $40,000 or $50,000 per year, making $400,000 annually is “not exactly a sympathetic position,” but Fleming responded by calling his success a “virtue” and noting that “class warfare has never created a job.” “This is all about creating jobs,” Fleming said. “This is not about attacking people who make certain incomes.”

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John Fleming, GOP Congressman, Blasts Obama Over Buffett Rule: I Can’t Afford A Tax Hike

Posted by on September 21, 2011. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.