Dole Plays The Tax Card

The deficit hawk recasts himself as a tax cutter. Why it may not work

If Republicans have one core belief left from the Age of Reagan, it's this: When they embrace tax cuts, they win elections. Bob Dole is staking the hopes of his fitful and floundering campaign for President on that abiding faith. After months of hesitation, Dole will embrace a massive cut in individual income taxes as the centerpiece of his economic agenda. By wrapping himself in Reagan's mantle, the lifelong deficit hawk hopes to transform himself and appeal to voters weary of a slow-growth economy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.