Cantor: Taxing The Rich Is Off The Table, But Making Students Pay More Immediately Is Fine

One of the major demands that almost all congressional Republicans have made about deficit reduction is that wealthier americans and large corporations shouldn’t have to pay any more in taxes. “The House has taken a firm position against anything having to do with increasing taxes or raising tax rates,” said House Majority Leader Eric Cantor (R-VA) at the onset of negotiations over the budget