Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Mom to Mom Mom to Mom

Boohoo! He only takes home about $600,000 a year

Posted by on Sep. 20, 2011 at 3:51 PM
  • 10 Replies

 Boohoo for you! He feeds his family on $200,00 a year????

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

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.

"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."

by on Sep. 20, 2011 at 3:51 PM
Add your quick reply below:
You must be a member to reply to this post.
Replies (1-10):
TheGreatCthulhu
by on Sep. 20, 2011 at 4:13 PM

Boo hoo.  I feel so bad for him, not :P  I somehow make 1% of what he gets stretch to care for 5 people.

www.obsidiansoda.com

jltplk25
by Gold Member on Sep. 20, 2011 at 4:26 PM

That's pure B.S. I would LOOOVE to complain about only having $200-400K left over!!

LovelyLauren55
by on Sep. 20, 2011 at 4:36 PM

Wow that is all :P

mrsnoble2004
by on Sep. 20, 2011 at 4:44 PM

He can bite me.

abmaddox1981
by on Sep. 20, 2011 at 4:47 PM
What an ass!
Posted on CafeMom Mobile
goddess99
by Michelle on Sep. 20, 2011 at 8:22 PM

me too

Quoting mrsnoble2004:

He can bite me.


splatz
by Sarah on Sep. 20, 2011 at 8:32 PM
Wtf is he feeding his family if he's spending 200k a year!?
Posted on CafeMom Mobile
Andeigh
by on Sep. 20, 2011 at 8:48 PM

poor baby! 

xavierlogan09
by on Sep. 20, 2011 at 9:36 PM

Wow he is greedy. I would die of relief if I made that much money. 

CafeMom Tickers

Pammi86
by Pamela on Sep. 20, 2011 at 9:37 PM

Ugh!

Add your quick reply below:
You must be a member to reply to this post.
Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN