When Democrats Win on Taxes, They Win Elections

In the last days of the election, John McCain has sought to hammer home his argument that that an Obama administration would raise voters' taxes.

However Barack Obama appears to be effectively making his policy pitch that he would give 95 percent of Americans a tax cut and raise taxes for families making over $250,000. 

McCain's "Joe the Plumber" argument is probably giving him some headway but interestingly, Obama still maintains a ten-point lead over McCain -- 51 to 41 percent -- on who voters trust more to handle the issue of taxes, according to the latest ABC News/Washington Post poll.

The last Democratic candidate for president to have that kind of lead on taxes was Bill Clinton in 1992, who led then-President George H.W. Bush 41 - 30 percent on trust to handle taxes.

When Democrats win on taxes, they tend to win elections.

--George Stephanopoulos

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