Cantor snaps at Van Hollen on House floor over loophole chatter.
“The gentleman from Maryland loves to talk about those corporate loopholes,” Cantor said immediately in response to Van Hollen. “He loves the talk about corporate jet owners and the kind of preferences that exist in the code.
“He and I were in discussions for almost seven weeks, when I said again and again that we would be happy to engage in a discussion of tax reform to get rid of those loopholes,” Cantor continued. “The gentleman also knows that those loopholes and the costs associated with those loopholes pale in comparison to the problem.”
“So I know it makes for good politics to throw the shiny ball out there… that somehow Republicans are wed to that kind of policy to sustain these preferences, when all along, in our budget and in our plan, we have said we’re for tax reform, we have said we’re for bringing down rates on everybody.”