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Strategist john feehery. i've got to get john in here, my friend, on the defense here. why would your party start talking basically a flat rate, whereas right now americans, when you start to make more money, you start paying 35%, 32% on the way there, 25% on the way there. people in the middle, the average brackets pay around 15%. why would the american bracket -- american people want their bracket to go up to give relief to the rich? >> that's not why, chris. why they want to get a flat tax is, a, they want a tax code that creates jobs, and b, they're sick and tired of a tax code which they ...

In much the same way that john had to do when you really nail somebody down. the flat tax is horrible public policy. it's why e.j. dionne wrote this morning, it's why most of the people who support it have flatlined politically, ultimately. when you look at your own tax code, as most middle class or working class americans are going to do, you kind of realize that you get run over by a flat tax. but mitt romney has a problem. the conservative base of the republican party, the energy among the nominating electorate right now is behind this idea. it sounds great. throw out the tax code, start fr...

It's worked because people know that they get a fair deal. they know what they're supposed to pay and it leads to economic expansion. and that's the one thing this country needs right now is economic expansion, not this politics of envy. >> i sure as hell hope he catch up to lithuania. i mean, john, i have to tell you, there's been a progressive tax in this country under reagan, under roosevelt, under every -- under eisenhower. >> and look what it's done. it's screwed up -- >> we've been the most successful economy in the world. right now we're having a hard time. whether you change your tax s...

Without congressional approval. the new campaign is called "we can't wait," and its first initiative will be to help homeowners who are underwater on their mortgages. he's kicking it off in las vegas, nevada, a state with the highest foreclosure rate in the country. sam stein is a political editor for "the huffington post" and john hammas is national editor for "new york" magazine. sam, thanks for joining us. it looks like east got an initiative out here for retooling a program two years ago with little success. the change will loosen eligibility standards for refinancing, so homeowners who ar...