CAMPAIGN 2012

Mitt’s Power Breakfast

Big donors criticize Perry’s flat tax.

Updated: October 26, 2011 | 6:51 p.m.
October 26, 2011 | 5:02 p.m.

Mitt Romney breakfasted with lawmakers and lobbyists on Capitol Hill. (Stephan Savoia/AP)

Washington's power players turned out in force for a breakfast fundraiser that Republican presidential candidate Mitt Romney headlined on Capitol Hill on Wednesday morning.

The multitudes of lawmakers, who greeted each other warmly as they came and went from the event, held at the American Trucking Association, gave the impression of a Republican Washington establishment beginning to rally around a favored candidate. The guest list included a large number of sharply dressed lobbyists and other large donors, who seemed to be on friendly terms with the lawmakers in attendance. 

Some of the breakfast-goers offered pointed criticisms of the flat-tax plan that Romney rival Rick Perry unveiled earlier this week. “I don’t think it’s possible; I don’t think it’s a good idea,” said Scott Stewart, a private equity investor and Romney donor.

“I’m all for lower taxes, but I think you just--the country would falter. You would be hemorrhaging your tax base if you were doing what Perry suggested, 20 percent, or what Cain suggested. I just don’t think it’s realistic.”

James Moore, a hotel developer and former oil executive, agreed that a flat tax isn’t necessary, and he praised the more complex and nuanced economic plan offered by Romney, a former Massachusetts governor. “I just think we need to be more equitable in our taxes, and I think that’s what the governor is for. I think we need to be pro-business, and I think that’s what the governor is for.” 

Romney supporters at the breakfast expressed confidence that he will be able to win over the Republican Party’s conservative base. “He is a strong conservative who can appeal to independents and win elections,” said former Sen. Norm Coleman of Minnesota, head of the American Action Network, whose political action committee spent $20 million helping conservative candidates in the 2010 elections. “If you don’t win, you don’t govern. He can win, and he can govern, and conservatives will be happy with that.”

Another fundraiser for Romney, held the night before at a private home in McLean, Va., one of Washington’s tonier suburbs, netted $325,000, according to a Romney backer.

(CORRECTION: An earlier version of this story misnamed the host of Romney's breakfast. It is the American Trucking Association)

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