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Eric Cantor

Is Your Mortgage Interest Deduction At Risk?

17 November 2011

Is your mortgage interest deduction at risk? What about your charitable donation deduction? Your real estate tax deduction? Your medical expenses deduction? Under a new conservative plan introduced by Sen. Pat Toomey (R-PA), one of the members of the “Super Committee”, the amounts that taxpayers could claim as deduction on a Schedule A would be [...]

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Breaking Down the Debt Ceiling Fix in 10 Easy Pieces

2 August 2011

So after all of the drama, it’s over. For now. President Obama has signed into law legislation that will raise the debt ceiling, averting what many in Congress and the media had led us to believe was very nearly the end of the world. The measure, which passed yesterday in the House by a vote [...]

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Multinational Corporate Tax Holiday Gets New Interest

14 May 2011

Imagine for a minute how you’d feel if you found out that Congress passed a law that would allow your neighbor to pay less tax than you – a lot less tax than you – simply because they waited so long to do it. That’s exactly what a measure introduced this week by Rep. Kevin [...]

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ACORN Loses Federal Funding

17 September 2009

Just days after offering some “interesting” tax advice on film, ACORN was hit with a House bill that would deny federal funds to the group. Rep. Eric Cantor (R-VA) explained: ACORN has violated serious federal laws, and today the House voted to ensure that taxpayer dollars would no longer be used to fund this corrupt [...]

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