Cantor - no tax hikes

House's Cantor says tax hikes off the table | Reuters:

"(Reuters) - House Republican Leader Eric Cantor said he told bipartisan talks on the U.S. deficit that tax hikes were off the table as far as the Republican-run House of Representatives was concerned."

The foolishness just roles on and on when it comes to the budget and taxes. Some relevant facts:

• Total tax breaks in the US tax code are roughly $1 trillion per year
  
• US tax rates are at or near historic lows
• In the last 50 years the tax burden has been systematically shifted to individuals and away from business
  

Clearly in Mr Cantor's mind common sense need not apply to tax breaks, tax rates, or who pays. It's long past time to look at booth sides of the budget, both spending and revenue. That's just common sense.