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From this Wednesday's The Last Word, Lawrence O'Donnell took apart "tea party" Rep. John Fleming for his remarks about irresponsible Republicans in the House never voting to increase taxes in the last 100 years -- and reminded everyone why they would be better off not quoting President Lincoln on taxes if they're not in the mood to make fools of themselves.

It seems Fleming repeated during a press conference, the same thing he wrote in an op-ed this week: FLEMING: GOP-controlled House has never raised taxes:

If some Republicans have their way, the party soon will make history for all the wrong reasons.

In the past 100 years, since the authority of Congress to tax income was enumerated in the 16th Amendment, marginal income tax rates have never been raised when Republicans have held the majority in the House of Representatives. For nearly a century, Republican-controlled Houses held the line on tax rates, a Republican coup de pointe to Democratic tax-increase parries. Here’s the question for my fellow Republicans: Do we want to be the first-ever GOP House majority to raise federal marginal income tax rates? [...]

If Republicans really believe in the principles of smaller government and economic liberty — as we have over the past 100 years, and as many of us still do — we should be far more concerned about getting principle right instead of worrying about polls and re-election.

Abraham Lincoln reminded us to “adhere to your purpose, and you will soon feel as well as you ever did. On the contrary, if you falter, and give up, you will lose the power of keeping any resolution, and will regret it all your life.”

Here's more on O'Donnell's response from his site: O’Donnell on why Republicans shouldn’t quote Lincoln on taxes:

He failed to mention what the Republican-controlled House of Representatives during Lincoln’s presidency did with taxes. MSNBC’s Lawrence O’Donnell set the record straight on Wednesday’s show:

“That Republican-controlled House actually passed our first income tax which Lincoln signed into law to pay for the Civil War. It was a progressive income tax–3% on annual incomes over $600 and 5% on annual incomes over $10,000. The Supreme Court ruled those taxes constitutional, but decades later in 1895 the Supreme Court reversed the earlier decision and declared federal income taxes unconstitutional–which is why in 1913 it took a Constitutional amendment to re-establish federal income taxation.

O’Donnell also pointed out that Republicans constantly bring up Lincoln any chance they can get “because 21st century Republicans know that Abraham Lincoln is the only Republican that many Americans admire.”

“Abraham Lincoln is also the only Republican president, indeed the only president, who has ever gotten a Republican House of Representatives to raise income taxes. Republicans didn’t just establish the very first income tax as I just described. Two years later, they raised the rates. They doubled the top tax rate from 5% to 10%. That’s back when Republicans were responsible: 150 years ago.”

O'Donnell also reminded his audience that their stance on taxation may be one of the reasons that Americans have not given them control of the House of Representatives for all that many years over the last century.

Sadly, they wouldn't have it now were it not for cheating and gerrymandering.



Moneybrawl: The Extinction of the Super Rich

Every day, America loses more and more millionaires to abusive individual and corporate tax rates.

Louisiana congressman John Fleming and Subway® are featured, as well as BillO.



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Tea party Rep. John Fleming (R-LA) used himself as an example Monday while arguing against President Barack Obama's plan to make sure millionaires pay about the same tax rate as the people that work for them.

"In my own case, I own LLCs," Fleming told MSNBC's Chris Jansing. "The income flows to my personal tax return and whatever is left over after taxes are paid, I feed my family on the one hand and on the other hand, I reinvest in my business."

"With all due respect, The Wall Street Journal estimated that your businesses, which I believe are Subway sandwich shops and UPS stores -- very successful -- brought you last year, over $6 million," Jansing noted.

"Yeah, that's before you pay 500 employees, you pay rent, you pay equipment and food," Fleming agreed. "Since my net income -- and again, that's the individual rate that I told you about -- the amount that I have to reinvest in my business and feed my family is more like $600,000 of that $6.3 million. And 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."

"You do understand, Congressman, the average person out there making 40, 50, $60,000 a year, when they hear that you have $400,000 left over, it's not exactly a sympathetic position?" Jansing asked.

"Again, class warfares never created a job," Fleming replied. "That's people that will not get jobs. This is all about creating jobs. It's not about attacking people who make certain incomes. You know, in this country, most people feel that being successful in their businesses is a virtue, not a vice. And once we begin to identify it as a vice, this country is going down."

It wasn't clear if the numbers cited by Fleming included his $174,000 congressional salary.