Voters say Obama's tax plan will hurt
Poll shows expectations are Dem would create 'personal economic pain'

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Posted: September 18, 2008
8:42 pm Eastern
© 2008 WorldNetDaily

A majority of likely voters believe the tax plan being touted by Democratic presidential candidate Barack Obama would leave them worse off than they are now, according to a new poll.

The ATI-News/Zogby poll revealed today 52 percent of those surveyed believe Obama's tax scheme would leave them worse off, including 52 percent of independents and 51 percent of women.

"Surprisingly, 18 percent of Obama's own supporters said his tax plan would make them worse off," the poll results said.

One in four Democrats believes Obama's tax agenda would be damaging personally and one in five self-described liberals takes the same position, the poll showed.

Brad O'Leary, president of ATI-News.com and author of "The Audacity of Deceit: Barack Obama's War on American Values," said Obama's plan to raise taxes on businesses and the wealthy – two of the major forces that drive the American economy, "could cost him the election."

The plan, O'Leary said, "Is a loser with almost every key voter bloc."

The poll surveyed 1,008 likely voters nationwide and was conducted September 11-13. It has a margin of error of plus-or-minus 3.1 percentage points.

O'Leary said the poll was run to confirm the conclusions drawn in a chapter from "The Audacity of Deceit, called Obama's "War on Success." The book has enjoyed a meteoric rise in the Amazon.com rankings since its release September 9.

The poll asked likely voters: "Do you think that Barack Obama's plan to increase taxes on businesses and the wealthy will make you better or worse off?"

The results revealed a majority of voters in all regions of the country felt they would be worse off as opposed to better off, especially the swing-state rich central region (53 percent). Even 52 percent of young voters aged 18-29, a key voter group for Obama, feel they'd be worse off, the results showed.

A majority in every income group also felt they'd be worse off under Obama's tax plan, including a majority of those Americans making less than $25,000 per year, it showed.

"This poll clearly shows that a majority of voters, including independents, women and lower-income Americans, think that if Obama's tax plan is put into effect it will cause them personal economic pain," said O'Leary.

The poll also asked, "If Barack Obama is elected president and follows through on his plan to raise taxes on businesses and the wealthy, what do you think businesses will most likely do?"

Seventy-eight percent of American voters said Obama's tax hikes would be passed directly to consumers through price increases, layoffs and/or reduced wages. Only 13 percent had faith that businesses would pay the cost of Obama's tax increases out of their own pockets.

Even 64 percent of Obama's own supporters said his plan to raise taxes on businesses will either result in increased prices for goods, reduced pay for employees, and employee layoffs, as do 76 percent of Democrats and 78 percent of women.

"Even those who plan to vote for Obama think that average Americans, not the wealthy, would suffer under his tax plan," said O'Leary. "Even lower-income Americans, who are the supposed beneficiaries under the Obama tax plan, reject the plan because they know that tax increases on businesses will be passed on to them in the form of higher prices on the goods they need, lower wages, fewer jobs and layoffs."

The results of the poll questions, along with the results of questions on other issues, are available on the www.BarackObamaTest.com website.

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