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Wonder if anyone here knows where to find these?.... maybe there are some leftovers at the White House....
;that something is amiss. The interview was focused on tax hikes on personal income. You are so busy defending him you neglected to post the entire comments about allegedly "creating jobs" with his leftover personal income. Let's back up here a minute.
During the interview, after whining about only having $400,000 left over after using $200,000 TO FEED HIS FAMILY (no $5 foot-longs allowed), he was asked whether he understood "that the average person out there who's making maybe $40(000), $50(000), $60,000 out there, when they hear you only have $400,000 left over, it's not exactly a sympathetic position. You understand that?"
His full dodge...errr, I mean response (not your abbreviated version) was, "Class warfare never created a job. ... This is 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." Notice he didn't repeat his mispeak twice (about reinvesting). Instead, he got defensive by referring to the leftover $400,000 as his income, which he also reffirmed when he emphatically referred to the "individual rate," a term that applies to PERSONAL income. What businessman uses his personal income to create jobs?
Before getting to your "theory" about how he is selflessly using this personal income to create jobs, let's crunch a few numbers first. On Subway's website, reference is made to "qualified" employees who are offered certain benefits but, oddly enough, no description can be found as to what criteria has to be met, other than a fulltime schedule. If Subway employees AVERAGE $11,000 (meaning a substantial number of them make less than that) and assuming the franchise owner is in compliance with minimum wage laws, then a fulltime employee would make $7.25/hr x 40 = $290/week x 4.3 weeks = $1247 per month x 12 = $14,964 per year. This implies that the AVERAGE employee is not working a fulltime schedule and therefore is not getting benefits, so that paying health care expenses is essentially a figment of your imagination for the most part, especially since Fleming himself never mentioned it. He must have learned his lessons well from those folks at WalMart.
Everything else your theory imagined he was doing with the leftover $400,000 was already accounted for when Fleming was whining about only netting $600,000 out of the the $6.3 million, so I have to wonder why you are trying to give him credit for this TWICE. BTW, he RENTS new locations, he does not buy them, and franchise transactions generally involve low or no interest internal loans from the franchiser against the cost of adding new locations. Seeing as how he already has 33 successful locations, receives $174,000 annually as a US rep, and has an active private physician's practice, I'm quite sure that accessing seed money for expansion is no problem for Mr. six-figure-I-can't-afford-a-tax-hike Fleming.
I think his avoidance of the question about laying off employees if a tax hike were enacted illustrates the complete fallacy of tax shelters for alleged "jobs creators" who freeze hiring or threaten to lay off at the first mention of the possibility of returning to pre-Bush tax cut rates. History teaches us that same lesson. The last time the marginal tax rates fell below 30% (1926 to 1930) the result was the Great Depression. Conversely, between 1944 and 1960, marginal tax rates ranged between 89% and 94%, at record highs. The world as we know it did not come to an end and there was no socialist takeover. In fact, those years correspond to unprecedented economic stability and prosperity. So much for that coddling the "jobs creators" theory....full of holes.