CommunityFDL Action

83% of 2008 Obama Donors Oppose Tax Cut Extensions

Gregg Sargent got an advance look at a poll commissioned by MoveOn that asked 2008 Obama donors how the felt about extending the Bush tax cuts:

  • 83% of 2008 Obama donors are opposed to extending the Bush tax cuts for income over $250,000 a year
  • 74% are deeply opposed
  • 57% are less likely to support Democrats who support this deal in 2012
  • 51% say the deal makes them less likely to contribute to Obama’s re-election campaign in 2012

Low-dollar donors accounted for 25% of Obama’s 2008 war chest.  According to the Campaign Finance Institute, he received 80% more money from large donors (cumulative contributions of at least $1,000) than from small donors.  So a decrease in small-dollar donations may not matter that much to him.

Obama assumes Democrats will be there for him regardless in 2012, so it’s much more puzzling that he’s pursuing a deal that only 25% of independents support.

Previous post

The Next Big Leak

Next post

Health Care Reform Reminder: Dems Could Still Pass Public Option Through Reconciliation

Jane Hamsher

Jane Hamsher

Jane is the founder of Her work has also appeared on the Huffington Post, Alternet and The American Prospect. She’s the author of the best selling book Killer Instinct and has produced such films Natural Born Killers and Permanent Midnight. She lives in Washington DC.
Subscribe in a reader