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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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Words: 1292 - Pages: 5
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