GOP Senator Corker making some good points except it doesn't just "appear" they don't want to raise taxes on the rich, they don't want to raise taxes on their biggest donors.
Corker: Why We Should Just Raise Taxes on Rich - Yahoo! Finance
By Justin Menza | CNBC – 2 hours 31 minutes ago
But he is right on in saying we have to get the right kind of cuts; entitlement cuts. We need permanent ones that ensure a more viable budget.Republicans need to let tax rates on the rich rise to change the "fiscal cliff" debate from taxes to more important entitlement reforms, Republican Sen. Bob Corker told CNBC on Monday.
"The best place for Republicans to be is to pass the rate increases, be done with it and then we're still focused on the right thing, which is entitlement changes," he said in an interview on "Squawk on the Street."
Over the weekend, Corker and a handful of other Republicans including Sen. Tom Coburn and Rep. Tom Cole, both from Oklahoma, signaled a willingness to Let taxes rise.
Corker said Republicans have put themselves in a very "awkward place" as it relates to taxes on the wealthy, since it makes it appear that the party is only trying to protect the rich.
Corker said that the House could change the "fiscal cliff" debate and Regain some Leverage from President Barack Obama by sending the Senate a bill that freezes taxes on 98% of Americans. If the House passed a second bill that dealt with taxes on the wealthy in some form, the discussion could move back to entitlements.
Right now, Corker said, he is worried that Republicans are not holding out for the type of entitlement reform that will help contain spending. [.....]