Economy

Cantor To Give Speech On Income Inequality And ‘How We Make Sure The People At The Top Stay There’

As the 99 percent movement protests spread across the globe, House Majority Leader Eric Cantor (R-VA) finally agreed yesterday that “there is too much income disparity” in the U.S. and determined that the government should rely on America’s wealthy to take care of this “complaint.” Continuing this theme, Cantor announced today that he will give an address on income disparity “and how Republicans believe the government could help fix it” on Friday. According to his aide, Cantor will specifically focus on how Washington can help “a single working mom…a small business owner..and how we make sure the people at the top stay there.” Of course, with the continued preferential tax treatment the nation’s wealthy are receiving from House Republicans, it doesn’t seem like they’ll have a problem staying at the top at the expense of the middle class.