RNC TALKING POINTS THE 1996 ELECTION TRUST AND TAXES November 1, 1996 In these final days, the 1996 presidential election comes down to two major issues: Trust and taxes. Trust Whether it's his broken campaign promises or the flood of scandals engulfing his administration, Bill Clinton has violated the public trust. Bob Dole, a man even liberal Democrats describe as a man of his word, will restore that trust. o In 1992, Bill Clinton campaigned on the promise of a middle-class tax cut. But once in office, he raised taxes instead-the largest tax increase in history. He also vetoed a $500-per-child tax credit for working families passed by the Republican Congress. o In 1992, Clinton promised to balance the budget in five years. But he vetoed the first balanced budget in 26 years, opposed a Balanced Budget Amendment to the Constitution, and takes credit for deficit reduction that a Republican Congress passed. o In 1992, Clinton promised to wage a real war on drugs. Instead teenage drug use has doubled under his administration and juvenile crime has exploded. o In 1992, Clinton said he would make abortion "safe, legal and rare." Instead, he has supported abortion-on-demand for any reason or no reason and paid by the taxpayers, if necessary. Clinton also supports partial-birth abortion which even pro-choice liberals such as Sen. Daniel Patrick Moynihan (D-NY) describe as "close to infanticide." o Clinton has consistently refused to tell seniors the truth about Medicare, which is going bankrupt on his watch at the rate of $22 million a day. Instead, he has run a MediScare campaign cynically designed to frighten seniors when even the AARP says that Medicare spending would have increased 7% under the Republican budget. o Finally, the constant stream of scandals and ethical lapses in the Clinton administration from Travelgate to Filegate to illegal contributions from foreign sources and Clinton's refusal to rule out pardons for his convicted Whitewater partners have eroded the public trust. Taxes Bob Dole is the only candidate with a plan to let American families keep more of their hard-earned money because he trusts the people. Under Clinton, the typical family is paying the highest percentage of their income in taxes ever- almost 40%-and that means in most families both spouses have to work, one to support the family and one just to support the government. o Under the Dole/Kemp plan a family of four making $30,000 a year will save $1,261-an 86% cut in their federal income taxes. That's $105 more per month for their families. o To get the economy moving again from the lackluster 2.2% growth under Clinton, the Dole/Kemp plan cuts in half the taxes Americans pay when selling a small business, farm or other investment and eliminates the tax most people pay when they sell their homes. o The Dole/Kemp plan also calls for a balanced budget by the year 2002 and seals it with a Balanced Budget Amendment to the Constitution. We can cut taxes and balance the budget by increasing Washington spending more slowly. Dole proposes to have spending grow at 2.1% a year versus Clinton's 2.95% a year-a difference in federal spending of less than 1% a year or just one penny on the dollar. Bob Dole thinks its time for Washington to pinch pennies-not families. When voters go to the polls this Tuesday, they have a basic choice. Do we want to keep more of the money we earn or do we want to send it to Washington? Do we want a leader we can trust, or one who has lost our trust. In the end, the American people will make the right choice, and that choice is Bob Dole and Jack Kemp.