Republican congressman bemoans making $600k per year

[mercury14]

Anyone else see this? It's absolutely jaw-dropping. (video on the page)

"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.

http://news.yahoo.com/blogs/ticket/rep-john-fleming-field-criticism-over-600k-income-153305241.html

 

[badbabysitter]

And he doesn't include his salary as a Congressman either

 

[koalabear]

"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."

 

[badbabysitter]

"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."

Yet you somehow missed the part wherin he said that AFTER he's reinvested in his business, feed and satisfied his family.. he still has 400 Grand of play money

and still not counting the salary he gets from congress

half a million dollars a year.. is not the typical American

 

[IrezumiKiss]

Anyone else see this? It's absolutely jaw-dropping. (video on the page)

"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.

http://news.yahoo.com/blogs/ticket/rep-john-fleming-field-criticism-over-600k-income-153305241.html

And he doesn't include his salary as a Congressman either

Entitlement bitchery at it's finest. The more that these three-martini lunch assholes come out to whine about how bad they got it, the better.

 

[doctor_insanus]

Class warfare is the only kind of battle those assholes or their families will ever see... and they've already won. What a whiny bunch of bitches.

 

[NeverEndingMe]

Anyone else see this? It's absolutely jaw-dropping. (video on the page)

"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.

http://news.yahoo.com/blogs/ticket/rep-john-fleming-field-criticism-over-600k-income-153305241.html

and in your fucktard mentally, I'm sure you want to tax him 6.3 million per year in income tax!

keep on feeding the government crack!

 

[trysail]

Anyone else see this? It's absolutely jaw-dropping. (video on the page)

"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.

http://news.yahoo.com/blogs/ticket/rep-john-fleming-field-criticism-over-600k-income-153305241.html

Damn near everytime you post something about business or economics you manage to prove that you know very little about business or economics.


It is the goddamndest thing. It's truly amazing; I honestly didn't think anybody could be that clueless ( excepting, of course, adolescents and the cognitively impaired ).

 

[Liar]

I'm more interrested that it takes $200k to feed his family.

I could feed a small village on that.

 

[Very_Bad_Man]

I do think the rich need to pay their fair share and that income tax needs restructured. However, I'm kind of sick with people begrudging those that have kept their nose to the grindstone to get that kind of income.

The rich should pay an equal percentage but to penalize them for being rich is going a bit far.

 

[KRCummings]

I'm more interrested that it takes $200k to feed his family.

I could feed a small village on that.

Usually when someone says that they mean everything, food, shelter, etc. 200K for that isn't living in a shack eating cold spaghetti O's but it isn't living at Bill Gates' house either.

 

[IrezumiKiss]

I'm more interrested that it takes $200k to feed his family.

I could feed a small village on that.

I could make a small village on that.

 

[KRCummings]

I do think the rich need to pay their fair share and that income tax needs restructured. However, I'm kind of sick with people begrudging those that have kept their nose to the grindstone to get that kind of income.

The rich should pay an equal percentage but to penalize them for being rich is going a bit far.

Yeah, this. There's been a general feeling the last few years that rich people are inherently evil simply because they're rich. Never mind that most have simply lived the dream that others are saying is dead.

 

[mercury14]

Damn near everytime you post something about business or economics you manage to prove that you know very little about business or economics.


It is the goddamndest thing. It's truly amazing; I honestly didn't think anybody could be that clueless ( excepting, of course, adolescents and the cognitively impaired ).

More false twaddle again?

Dude is bitching about only taking in hundreds of thousands of dollars in PERSONAL income after business expenses, reinvestment, and his budget for buying new businesses are accounted for.

Additionally he makes another $174,000 from being a US congressman, has a massive pension, and benefits that are better than probably 99% of Americans.

 

[mercury14]

I do think the rich need to pay their fair share and that income tax needs restructured. However, I'm kind of sick with people begrudging those that have kept their nose to the grindstone to get that kind of income.

The rich should pay an equal percentage but to penalize them for being rich is going a bit far.

This was linked and sourced yesterday:

- The top 1% of Americans account for 67% of all income earned.

- The top 1% of Americans account for 37% for income taxes paid.


Can you explain how this is punishment?

 

[Johnny_Ray_Wilson]

So, it takes $200,000 dollars a year to feed Fleming's family? WTF?

The problem with this train of thought among congress members is this: They are so accustomed to living off the 'free' money from the average taxpayer, they truly believe it is an unwritten cemented right carved in a stone only they can see.

 

[JohnnySavage]

So, it takes $200,000 dollars a year to feed Fleming's family? WTF?

The problem with this train of thought among congress members is this: They are so accustomed to living off the 'free' money from the average taxpayer, they truly believe it is an unwritten cemented right carved in a stone only they can see.

How do you consider owning a bunch of Subway shops "free" money?

 

[koalabear]

This was linked and sourced yesterday:

- The top 1% of Americans account for 67% of all income earned.

- The top 1% of Americans account for 37% for income taxes paid.


Can you explain how this is punishment?

Link it again, MORON.

 

[mercury14]

Yeah, this. There's been a general feeling the last few years that rich people are inherently evil simply because they're rich. Never mind that most have simply lived the dream that others are saying is dead.

There's a general feeling that if someone wants to see temporary tax breaks for the rich expire, that it's because they think the rich are evil. It's just a lying narrative that the right wants to tell.

 

[JohnnySavage]

There's a general feeling that if someone wants to see temporary tax breaks for the rich expire, that it's because they think the rich are evil. It's just a lying narrative that the right wants to tell.

Are you going to start paying taxes?

 

[mercury14]

Are you going to start paying taxes?

When did I stop?

 

[JohnnySavage]

When did I stop?

Didn't you post that you make $250K a year tax free?

 

[KRCummings]

There's a general feeling that if someone wants to see temporary tax breaks for the rich expire, that it's because they think the rich are evil. It's just a lying narrative that the right wants to tell.

That's nice. Nothing to do with anything but nice all the same. I'm sure you're proud of whatever point that was supposed to make.

 

[Liar]

I do think the rich need to pay their fair share and that income tax needs restructured. However, I'm kind of sick with people begrudging those that have kept their nose to the grindstone to get that kind of income.

The rich should pay an equal percentage but to penalize them for being rich is going a bit far.

The thing that always seems weird in these discussions, is that one side seems to talk about high wage earners and business owners, and the other about the businesses themselves.

Unless the United States is all topsy-turvy compared to the rest of the world, it's like this: Unless you are a sole proprietor, you are not the business. Your economy, that some now want to tax higher, is separated from the business. The business make the profit and gain the capital and re-invest or pay out as dividends. You lift wage from the business. And if the business does well, you can give yourself a raise.

I'm not a job creator. The corporation I own (or in my case, co-own), is. So to tax me higher is not to stifle job creation or business investment. (Except or course indirectly, since I have less money to consume for. Except or course that if the Government takes it, THEYT have more money to consume for. So foer the national economy, that evens out.)

To be the sole proprietor of anything bigger than a one man show sounds like lunacy to me. And I'm ok with punishing lunacy.

 

[mercury14]

That's nice. Nothing to do with anything but nice all the same. I'm sure you're proud of whatever point that was supposed to make.

It has to do with your post right before this where you say there's a general sentiment that people believe the rich to be evil.