Wealthy Republican Congressman Apparently Pays Workers Less than $11,400 Per Year

Rep. John Fleming (R-LA) owns a number of small businesses—according to the clip, Subway and UPS outlets, so franchises of national corporations—and he's objecting to President Obama's proposal to tax the wealthy a little more for deficit reduction, because it might hit non-rich people like him and then they'd create fewer jobs.

As Think Progress describes the scene:

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.” READ MORE