According to a recent Gallup poll, fifty-three percent of Americans expect their federal income taxes to increase if Barack Obama is elected president.

The truth: The Democratic candidate’s plan would cut taxes for roughly 95 percent of American families, reports the non-partisan Tax Policy Center. How much would Obama save you? Check out ObamaTaxCut.com, a project of AlchemyToday.com, to use a nifty new tool that lets you calculate exactly what the Obama tax-cut would be worth to you.