Provided these reforms are coupled with spending cuts
While he awaits a specific plan from the President to avoid the "fiscal cliff," Senator David Vitter says he might be inclined to support tax reforms for higher income earners that could generate more tax revenue.
Vitter told Denny Schaffer on Tuesday morning, "you can have a tax increase embedded in tax reform for upper income people only, and then of course that has to be tied to real spending reform."
Vitter says he would not support any changes in tax rates.
"I don't want any rate increase," he said.
The Senator says he's anxious to hear a proposal from the President.
"He hasn't put forward a plan to solve this problem and that's causing the holdup. I'm not saying there isn't going to be disagreement, but he needs to put forward a specific, concrete plan," Vitter said.
There's a chance Mr. Obama will do that Friday when he visits a small business in the suburbs of Philadelphia. He's expected to make a public case for his strategy.
