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Mitt Romney told voters his tax cut plan might not decrease that tax bills as much as they expect.
Is Romney back tracking.
Is he telling the truth.
Joining us now is former New York City map Rudy Giuliani you -- -- we're pleased and privileged to have with us today -- -- this story.
Is he backtracking if -- if rich people don't get me 20% tax rate -- that -- said that we're gonna gets.
And they got a couple deductions which those people get even -- easy backtrack.
I think what he's trying to do is put the emphasis on deficit reduction because I probably I'm guessing -- haven't seen them in his polling.
That probably is concerning people more than anything else.
And as long as -- people can feel I'm not gonna get a tax increase.
You might figure he's producing about as much enthusiasm and optimism here they as he as he really needs to produce -- reading between the got our our economy going you know.
You don't -- in the studio.
Well -- a big tax cut I -- I I I cut taxes 23 times as measured.
Three billion or so I work from.
I cut the hotel occupy art projects are collected more money from the lower tax in the higher tax I'm convinced if you got rid of the sales tax in New York you'd see another.
500000 jobs you'd make it up an income tax which of losing sales tax.
What this is governor Romney that.
Responding to the attacks from the Obama camp that say you just wanna cut taxes for the rich and backup tackle mining is walking.
So governor Romney pulls back its we're not gonna cut taxes -- there which is much of.
Which I suspect it has more to do with internal polls I think it has more to do with people worried about the deficit once the show he's serious about the deficit.
After all one of the things he's delivering immediately is figure selected President Bush tax cuts remain we don't get a big tax hike will looking at a 15%.
-- capital gains tax next year instead of 20/20 530%.
50% dividend tax instead of 48%.
And it attacked the bush tax cuts expiring.
Translates into the largest tax increase maybe in the history of America which nobody focus on that way because the Obama -- -- prevails.
How do you explain the with the -- -- I just reported that the economy one point 3% 8% unemployment massive that you know the story.
How do you explain -- that the economic performance President Obama still leads in the polls especially in the key state of Ohio I thought.
The way I explain it is media coverage -- out them off the charts outrageous it's like playing a basketball game.
And I get two points for -- you get ten.
And -- -- it's ridiculous I mean what all the polls are accurate enough and a lot of either accurate the quinnipiac poll yesterday I -- -- Until just before I think of quinnipiac was selling securities we put -- over security for us.
Because you folks -- -- -- on my daughter that's what the critics point talent they used to 2008 model of turnout.
Which means a lot more Democrats -- and they -- more Democrats to 2008 turnout.
Well there's no way in a million years that Obama is -- gonna get the 2000 and they turn out.
It may -- he's gonna do better than 2010 with a Republican turnout was tremendously.
So an honest pollster probably split the difference between 2008 and twenty dad call rove told us it was a dead he -- -- the come what who I don't personally.
It when I look at that -- that it very carefully this morning I'd say it's about a 3%.
Obama's advantage in Ohio.
Now that's good news for Obama but it's not over and Romney can still catch up to.
You're -- that would be met Rudy GM -- -- have to -- thanks for joining us very much advice to -- --
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