Bob Dole: A Race To The Top Essay -- essays research papers

Bob pogy A Race to the drawPeople understand they cant get completely these task cuts, protect their darling programs, and balance the budget," hypothecates Susan Tanaka speaking on thepromises made by presidential view Bob pogey to the American public (Gibbs1996). Bob pogy proposed his valuate cut package on Aug. 5, 1996 hoping to enticethe public into voting for him in the 1996 presidential elections. Dole focuseshis proposal towards social buttoned-ups and supply siders believing he volitiongive them their link to growth-oriented revenue enhancement cuts which will amount to 551 one million million dollars over the next six years (Rubin 1996). So how does Bob Dole planto make all these things happen without remaining in confidence for at least 12years? He does not, it is merely an unthinkable act in a desperate attempt toget himself elected.     As a tradition, the "Grand old Party" has always wellbeinged the rich to a greater extentth an the middle and working class people of America. Bob Dole promises a planwhich will avoid business revenue enhancement cuts and combine a marginal rate cut with a $500per child value credit, targeted towards low and middle income tax payers. Theresult, a plan that maculation allay benefiting the rich more than the middle class,more evenly distributes between all income groups (Duffy 1996). Under Dolestax cut plan, a family of four with an annual income of 31,000 would square up theirtax bill drop from $2,000 to $800, a difference of $1,200. "The way the taxcut was packaged shows that they were still sensitive to the old anti-Reaganargument that tax cuts just benefit the rich and they tried to show that theirplan would benefit everybody," remarked Rick Grafmeyer, a tax partner at Earnest& international ampere Young, a national accounting firm (Barnes, 1996, 29).     While Dole flaunts the benefits of his tax-cut proposal, he fails tomention what wil l suffer in order to activate his tax cuts. First of all, Dolemade no mention of how his tax-cut proposal will pay for the $551 zillionreduction in taxes. Secondly, Dole does not say that he needs to cut spendingin "small" areas such as Medicare, student loans, defense spending and socialsecurity. (Gibbs, 1996) Even if Dole plans to leave these things out of the cut,that still leaves 30% of the budget to absorb the terms of the tax cut.Professor Alan Aurbach, of the Universit... ...ncing his tax-cutpackage and using his other strengths such as his experience in Washington. Theworst case scenario would be that he looses the donjon of his supply-siders,which would not make some(prenominal) difference because he has not gotten that much morethan grief from them anyway. In short, it is a tragedy that Dole has sell hissoul to win the election, and now he wont end up with either.     Dole likes to call himself an agent of change and says that chairCinton is only a protector of the status quo. This seems to upset thetraditional views of both parties and reverses the roles. President Clintonproposes only barbarian tax cuts and specifies payment through minor spending cutsand other revenues while still protecting Medicare, social security, and otherrelated issues. Between President Clintons election in 1992 and the present,the national deficit has fallen 60% from 290 billion dollars to around 117billion dollars (Barnes 1996). The strongest case supported the candidate whobest represents the conservative American and also holds true to the Democraticpartys tradition, United States President and checkmate American, WilliamJefferson Clinton.