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No, Cantor Doesn’t Ever Want to Raise Taxes « The Washington Independent

Jul 31, 2020
After his speech at the Heritage Foundation, Rep. Eric Cantor (R-Va.) was asked about the strictest suggestion in his economic plan: No tax increases until unemployment fell below 5 percent. Did that mean he supported tax increases when the economy recovered?
“I would not say that,” said Cantor. “I don’t believe tax hikes are a way to promote growth.” The point of the 5-percent pledge was suggesting that even Democrats would agree that you shouldn’t raise taxes in a recession. “I’m in favor of drastically reducing the tax burden on job creators,” he said.
In the Internet age, I wonder what legs this will have. Unemployment under 5 percent seems a long way off; even if it was achieved, it’s hard to imagine Republicans buckling on their opposition to any tax increases.
Dexter Cooke

Dexter Cooke

Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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