ANDREW ROSS SORKIN, Squawk Box Co-Host: Governor Perry. Real quick. Warren Buffett's going to be in New York tomorrow for an Obama fundraiser. I'm curious about your thoughts on the 'Buffett Rule' and it goes to some of this class warfare issue.
GOV. RICK PERRY, (R-Texas): Well, I think it's right down to the real problem that we've got in Washington, DC, is an administration that is listening to people who really don't have an understanding about what's going on out there in the real world.
SORKIN: You think Warren Buffett —
PERRY: I respect Mr. —
SORKIN: You don't think that Warren Buffett —
PERRY: I think Mr. Buffett is a really intelligent individual. But I can promise you. He doesn't know what's going on in places where the job creation is at a zero because of overtaxation and overregulation. Dodd-Frank is strangling the small community banks across America. It needs to be repealed. We need to get Washington out of the business —
SORKIN: And taxing —
PERRY: ... of overregulation. It's killing our country.
SORKIN: ... and taxing millionaires, you believe ultimately is going to kill jobs?
PERRY: I think taxing millionaires is such a fake way to talk about what's going on in this country.