>> new poll shows americans believe president obama understands average americans, romney and gingrich, not so much. these are pretty compelling numbers. and you think that this could be a defining issue. does that mean that possibly the democrats could take back the house on this issue? >> i think so, ed. i'm not sure about the senate, that will be much harder but the democrats if they make this the defining issue, have a very good chance of taking back the house. >> senator whitehouse says there are huge exceptions to the progressive tax system. do you think this is going to fix it? >> well, it depends. if this is designed to be air-tight, nothing is air-tight, obviously, talking a minimum tax here, no deductions, no tax credits, nobody can, who is earning a million dollars or over can get away with not