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Cantor Defends GOP Openness to New Revenues in Fiscal Talks

House Majority Leader Eric Cantor (R-Va.)

"I think a lot of it has to do is we were reelected to fix problems, we were not reelected to raise taxes or increase marginal rates We were elected to fix the problems, to get the economy going again and to fix the deficit."

"Well the president got reelected and we know at the end of this year taxes are going up on everybody — everybody, rich, poor alike — we have marginal rates across the spectrum going up as well as [capital] gains, dividends, AMT, death tax, everything, right? This is the so-called fiscal cliff. So we know that is reality, That's what's changed, we know that. So why would we want to punish folks to see their taxes go up." 26 Nov 2012 post a comment

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