Memo To House Republicans: Following Reagan’s 1982 Tax Increase, Economy Boomed, Unemployment Fell: "pYesterday, House Majority Leader Eric Cantor (R-VA) walked out of deficit reduction negotiations being led by Vice President Joe Biden, on the justification that Democrats were insisting on some sort of new revenue being part of the deal, while Republicans have ruled taxes “off the table.” “There is not support in the House for a [...]/p"