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Bob Dole: A Race To The Top

Beginning of Essay
People understand they can't get all these tax cuts, protect their favorite programs, and balance the budget," says Susan Tanaka speaking on the promises made by presidential candidate Bob Dole to the American public (Gibbs 1996). Bob Dole proposed his tax cut pa ....

Middle of Essay
.... credit, targeted towards low and middle income tax payers. The result, a plan that while still benefiting the rich more than the middle class, more evenly distributes between all income groups (Duffy 1996). Under Dole's tax cut plan, a family of four with an annual income of 31,000 would see their tax bill drop from $2,000 to $800, a difference of $1,200. "The way the tax cut was packaged shows that they were still sensitive to the old anti-Reagan argument that tax cuts just benefit the rich and they tried to show that their plan would benefit everybody," remarked Rick Grafmeyer, a tax partner at Earnest & Young, a national accounting firm (Bar ....

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