Jim DeMint: "The Republicans are going to end up raising taxes"Submitted by emalvini on Thu, 12/13/2012 - 15:18
Grace Wyler | Business Insider
Outgoing Senator Jim DeMint (R-S.C.) said Thursday that he believes Republicans will cave to the White House's demand that Congress raise federal income tax rates on the top 2 percent of earners.
"The President campaigned on raising taxes and getting rid of the Bush-era tax cuts — he’s going to get his wish," DeMint said in an interview with CBS This Morning. "I believe we’re going to be raising taxes not just on the top earners. Everyone’s going pay more taxes next year in this country, and I think that’s what the President wants."
DeMint, a conservative stalwart and Tea Party favorite, has become one of the sharpest critics of the GOP leadership since announcing last week that he will leave the Senate to take the top spot at the Heritage Foundation.