Joining us, co-anchor of CNBC's Squawkbox and New York Times columnist Andrew Ross Sorcin, professor of public policy and economics at the University of Michigan, Betsy Stevenson, and co-founder of Punchable News and MS Now political contributor Jake Sherman. Andrew, this was a surprise from Mi from uh from Mitt Romney. Is he getting any support out there from I don't know, the multi-billionaire class that might be sailing 300 foot yachts? I doubt it. I doubt he's going to get any support from them necessar ...

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This is a very important slide. Um it illustrates the laugher curve. Uh when you cut taxes, if tax rates are too high, uh then you the revenue actually will increase.Why is that. Uh because companies and individuals stop using tax shelters and uh and stop trying to avoid taxes. So here you can see the history of the corporate tax rate and that is the black line there and you can see over time uh what has happened.This goes back to uh the early 1900s when uh we first put in place various income tax rates. Uh ...