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Americans for Tax Reform president Grover Norquist weighs in on the debate over tax reform.
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Grover Norquist president of Americans for Tax Reform a joins me now from Washington -- he was very.
-- -- -- to message last night in this sixty minutes interview and if you look over the twenty year period of the returns that we got.
On Friday for Mitt Romney his effective tax rate over twenty years was.
20%.
That's -- says that he wants to impose on all of America -- the issue with 2011 here.
Well look Obama is set -- -- tax rich people and implying he's not gonna tax you.
In point of fact he passed tax increases on average income Americans.
Many many times during his presidency that twenty different taxes.
In Obama -- that will all be paying.
In addition to that of course Obama's new promise that he won't tax rich people.
He's got a new term -- on it.
There at twelve months only next year after that we can have of that -- other things out.
If you're Obama and you intend to allow the bush tax cuts to lapse so there's a 500.
Billion dollar tax increase on low income people middle income people.
All Americans you wanna talk about anything there then the tax increases that you have scheduled I mean he's running up trillions of dollars of debt.
Over the next decade according to his budgets the only way he pays for them since he's not cutting spending is to raise taxes on everyone so what they want -- -- gee what did Romney pay in taxes for years or five years ago.
That adds nothing to do without -- thing.
We gotta be reducing taxes on all Americans that's Romney's position that's the position to have economic growth cutting the capital gains tax.
Is not to help Romney -- to help people who don't have jobs.
And -- -- ten million Americans.
-- -- unemployed who would have jobs if Obama followed Reagan's path and his recovery rather than a bomb as weak recovery.
So they're ten million people paying the penalty for -- -- approach towards higher taxes and more spending rather than Reagan's low tax approach.
Because do this recovery is so much worse than Reagan's.
-- are finally -- I'm hearing you correctly then -- -- could be a game changer in the election because if you look at recent polling.
Based on taxes in particular the issue of taxes which we're gonna have much more the next two weeks from them.
The -- you know we -- we know the top 1% of of murders that you pay 39 point 5% of income taxes but if you look at the polling.
Out there right now them.
Voters aged eighteen to 29 favor tax cuts for -- ever won by a wide margin do you think that we're gonna be voting now on taxes.
And -- a boating number one on the economy.
Only go to the polls.
Well I think taxes are going to become increasingly important as we get -- of the election.
And the reason is we've never before in American history have an election where -- election was over you -- two months later there was a 500.
Billion dollar tax increase.
That per child tax credit did marriage penalty tax disappears the death tax goes to 55.
Percent.
The Alternative Minimum Tax which.
People like Obama put in to hit a 115 people now hits four million.
And in January it's 31 million -- which 31 million families will be had.
By the Alternative Minimum Tax because the -- disappears.
That's an automatic tax increase.
On all Americans if Obama wins if Romney wins -- -- Republican House and senate.
They've already -- clear late.
All those tax breaks continue for a year and then they do tax reform that'll be revenue neutral no tax increase period.
All right -- our quest is gonna be a fascinating couple weeks in particular on the tax issue which of course is your specialty Grover thank you very much.
Good to be with you thank you.
