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The people who use write-offs, loops holes and deductions are people in the top tax bracket, meaning more of their income is sheltered from taxation. you take away the loopholes and more of their income is subject to taxation, which allows us to lower everybody's tax rates across the board. it's a fair, simple, competitive system. we're here in the steel manufacturing fabricating business. this business is paying the individual tax rate, just like 80% of all businesses in america do. when you keep raising that top tax rate, you're punishing those successful small businesses, which is where mos...

It is a promise. >> i did go back and look at my taxes. >> people who use write-offs and special interest loopholes and deductions -- >> after the past ten years, i never paid less than 13%. >> means more of their income is sheltered from taxation. >> i'm street speaker at the convention. >> distractions, distortions, smear, fear, anger, frustration. >> objections when they sound -- >> basically will have a lost generation if we stay on the president's plan. >> pass some of the toughest wall street regulations in history. >> i have known joe a long time. we get along quite well. i'm looking fo...

Reduce tax deductions or loopholes for some people. the direct opposites. tax the rich, lower tax rates on everyone. bill: but the objective is growth, right? >> yes. bill: gdp is 1.5%. that is paltry. >> yes it is. bill: of these plans what would economists argue a argument for growth, stuart? >> you're asking me for an opinion and i will give you a opinion. if growth is the objective governor romney has the better plan. by reducing tax rates you keep incentive to work harder and longer. by reducing, reducing write-offs, loopholes and deductions. you bring in more money to the treasury. you d...

It's not a question of whether it's illegal, it's a question of what he was doing and the company was doing that he was the head of in 1999 to 2002, if he was outsourcing jobs. >> i disagree with the assertion that we'll find out what his tox policy is by looking at his tax returns. we'll find out how much he made and who he made it from and how it was filed and what kind of interest he had. and i think the american public has some interest in that if he's going to run for president of the united states. >> but i think we would find out what his tax policy would be, because there's an awful lo...

Doing that he was a head of in 1999 to 2003 because that's when they were outsourcing jobs. >> i disagree with your research. we'll find out what the tax policy is by looking at his tax return. we'll find out what he made, who he filed with, and what interest he has. i think the american public has some interest in it. >> i think we would find out what his tax policy would be because there's an awful lot of write-ups he would continue to support or he wouldn't have taken them, and obviously, he is not releasing it for everybody to see. the point i made earlier is that if he took business write...