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SMALL BUSINESS OWNERS EXPECT HIGHER TAXES UNDER CLINTON, FAVOR CUTS IN FARM SUBSIDIES, SPACE PROGRAM

 FORT WORTH, Texas, July 27 /PRNewswire/ -- In a nationwide survey of small business owners, 91 percent expect to pay higher taxes under President Clinton's economic plan. Seventy-three percent said they believed the president's economic package will hurt the economy in the short- and long-run.
 The poll, sent to 45,000 members of the National Association of Private Enterprise (NAPE), was answered by 1,190 respondents. NAPE members are small business owners with 10 or fewer employees.
 Although the poll was answered in reference to Clinton's original plan -- before it passed through Congress and was modified -- the respondents' overwhelming objections to the deficit reduction plan probably have not changed significantly, said NAPE Public Affairs Director Andra Bennett.
 "The comment most business owners made over and over was that they felt the plan did not do enough to address spending cuts, and they suggested cuts in all government programs to spread the sacrificing," said Bennett. "Only when they see a real effort to make cuts will they be willing to consider new taxes."
 In the opinion of 68 percent of NAPE members, the economic plan relies too heavily on taxes, and Congress should replace all of the proposed tax increases with additional spending cuts. Their top choices of where to make those cuts were in farm subsidies (24 percent), the space program (23 percent), and welfare programs such as AFDC and public housing (21 percent).
 NAPE members were sorry to see the investment tax credit for purchases of capital goods eliminated from the plan, as 64 percent said it would have helped their business. Eighty-one percent also said their businesses would be affected adversely by the imposition of any form of new energy tax.
 NAPE is a non-partisan benefit organization for entrepreneurs that provides educational funds, discounts on products and services, and legislative representation. For further information, or for a copy of the poll results, contact Bennett at 817-428-4236.
 -0- 7/27/93
 /CONTACT: Andra Bennett, public affairs director, National Association of Private Enterprise, 817-428-4243/


CO: National Association of Private Enterprise ST: District of Columbia IN: SU: ECO

IH-KD -- DC033 -- 6383 07/27/93 15:58 EDT
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Date:Jul 27, 1993
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