CLEVELAND, Ohio - In every congressman's career, there are good television appearances and bad television appearances. For U.S. Rep. Jim Renacci, his Thursday hit on MSNBC's "Velshi and Ruhle" was the latter.

The Wadsworth Republican's appearance started off cordially enough with hosts Ali Velshi and Stephanie Ruhle, discussing the recently passed budget bill and the impending push by congressional Republicans for tax reform. (Renacci is a big proponent for tax reform.)

That is, until the subject got onto the corporate tax rate. Renacci, who is a CPA and is running for governor, said it was the highest in the world at 35 percent. The two MSNBC hosts put up a chart that showed the effective rate was closer to 18.6 percent.

Watch: Jim Renacci on MSNBC's "Velshi and Ruhle"

"The truth of it is the effective rate is somewhere around 25 or 26 percent and we're still not competitive across the country," Renacci countered.

The exchange went on for a little bit until Renacci argued cutting taxes would lead to reinvestment. He also argued high corporate rates were simply passed on to consumers, so cutting the corporate rate would effectively lower costs on the consumer.

"Corporations aren't going to change their behavior and stop passing it on to consumers because you give them a lower tax rate," Ruhle said. "They're going to pocket the money themselves. You'll see it in dividends. You'll see it in share buybacks. There's no lever that's going to save the consumer."

The final two-plus minutes is where Renacci's hit went from testy to flying a bit off the rails. Renacci argued the U.S. had an anti-business climate, which the hosts seemed genuinely baffled by.

"Look at the stock market," Ruhle said. "Corporate America is booming. Today is a huge earnings day, and we are seeing earnings off the charts in large part because of low interest rates, and that's not changing."

Velshi and Ruhle put up a chart - which Renacci could not see since he was filming on location at the Capitol - of the S&P 500 from March 9, 2009, to now. The chart showed steady growth in the market.

A screenshot of the chart shown on MSNBC's "Velshi and Ruhle" during a segment featuring U.S. Rep. Jim Renacci. The chart shows the rise of the S&P 500 from March 9, 2009, to the present.

Renacci made the case that the stock market was going up because businesses saw a business-friendly climate where the president and Congress were cutting regulations. Now, businesses are excited about tax cuts.

That led to this exchange:

Velshi: "Why'd the stock market go up for seven years?"

Renacci: "Well the stock market dropped."

Velshi: "It had been going up steadily since 2009. March 9th, to be precise."

Renacci: "If you take 60 days before President Obama was elected, the stock market tanked."

Velshi: "But why would you do that? Why would you take 60 days? Nobody invests for 60 days."

For those who don't know about these cable television segments, the general rule is don't move from where you're positioned unless told to do so. There are a lot of technical aspects that go into producing a show, such as lighting and camerawork, and moving from where you're blocked is generally a bad idea.

But Velshi was so taken aback during this exchange, he did something cable news hosts rarely do: he literally got up from his desk, leaving Ruhle behind, to go over to the S&P chart that was projected on the wall.

A screenshot of when MSNBC "Velshi and Ruhle" host Ali Velshi got out of his seat during a segment with U.S. Rep. Jim Renacci.

Velshi ran his hand along the trendline of the graph, showing steady growth in the stock market since 2009. (Again, Renacci could not see this since he was filming live at the Capitol.)

A screenshot of MSNBC "Velshi and Ruhle" host Ali Velshi during a segment with U.S. Rep. Jim Renacci.

"Congressman, it's just disingenuous to suggest that the stock market has not been gaining for the last several years when we didn't have corporate tax cuts and we didn't have any of these things," Velshi said. "At least give me that, sir. You're a CPA. Let's at least have an honest conversation about what makes corporate profitability go up. What makes stock prices go up."

Renacci replied if you take the graph back to 2007 or 2008 it would show a different trend. That was during the worst economic contraction since the Great Depression.

"In a recession?" Velshi said incredulously. "You really want me to take this back to the recession and you want to blame that on tax cuts, sir?"

Renacci again made the argument against regulation. Ruhle, who has a background working on Wall Street, said lack of regulations is a large part of what led to the 2008 financial crisis.

"I was in the business world back then -" Renacci started to argue.

"So was I," Ruhle sharply replied.

The exchange went on a bit longer before the two sides agreed to continue the debate when the tax plan is finally revealed. Renacci ended up taking some heat on Twitter, especially over the claim that the stock market was down five years ago.

Renacci ended up retweeting his Fox Business appearances instead.

Clarification: Renacci spokeswoman Kelsey Knight said the congressman's Twitter account didn't retweet the MSNBC interview because MSNBC did not originally tweet it out.