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Here is he making the case. >> when it comes to paying our fair share, i believe we should follow the buffett rule. if you make more than $1 million a year, and i hope a lot of you do after you graduate, then you should pay a tax rate of at least 30%. on the other hand, if you decide to go into a less lucrative profession, if you decide to become a teacher and we need teachers -- [ applause ] if you decide to go into public service, if you decide to go into a helping profession, if you make less than $250,000 a year, which 98% of americans do, then your taxes shouldn't go up. >> heather, what ...

Then your taxes shouldn't go up. this part of the idea of shared responsibility. i know a lot of folks have been running around calling this class warfare. i think asking a billionaire to pay at least as much his secretary in taxes is just common sense. yesterday, bill gates said he doesn't think people like him are paying enough in taxes. i promise you, warren buffett's doing fine. bill gates is doing fine. i'm doing fine. they're definitely doing fine. we don't need more tax breaks. there are a lot of families out there who are struggling.

Shouldn't go up. and i just want to make clear, the reason i've proposed this is not because we begrudge financial success in this country. >> joining me now, national co-chair of the romney campaign and former minnesota governor, tim pawlenty. governor, thank you very much for joining me tonight. >> good evening, lawrence. thanks for having me on the show. >> now, i know you're here to speak for candidate romney, but i want candidate romney to speak for himself, just for a second, on video, with larry kudlow today talking about the buffett rule. let's just listen to what he had to say. >> is ...

How in the world do you, mitt romney, justify making more in one day than the median american family makes in a year while paying the effective tax rate of the guy who has to scan your shoes at the airport. >> i pay all the taxes that are legally required and not a dollar more. i don't think you want someone as the candidate as president that pays more taxes than he owes. >> no, but you might one who thinks that's wrong. >> while mitt romney continues to defend his right to pay a lower tax rate than his secretary, president obama continued to push for the buffett rule again today. >> let's fol...

Afghanistan. we can't do both. we can't do both. so what i've said is, let's follow the buffett rule. if you make more than $1 million a year, you should pay a tax rate of at least 30%. which, by the way, is lower than you would have been paying under ronald reagan. nobody's talking about anything crazy here. on the other hand, if you make less than $250,000 a year, which 98% of all americans do, then your taxes shouldn't go up. that's a -- i think that's a fair approach. and a lot of folks have been running around saying, well, that's class warfare. asking a billionaire to pay at least as muc...