Sarah Palin said Democrats are planning "the largest tax increase in U.S. history"http://www.politifact.com/truth-o-meter/statements/2010/aug/04/sarah-palin/sarah-palin-said-democrats-planning-largest-tax/Palin: "Yeah. No, this is going to result in the largest tax increase in U.S. history. And again, it's idiotic. And my palm isn't large enough to have written all my notes down on what this tax increase will result in. Let me just go through a couple of things that I want people to be aware of, because, you know, the spin coming from Gibbs and the White House -- you're never going to get the truth out of their messaging. But Democrats are poised now to cause this largest tax increase in U.S. history. It's a tax increase of $3.8 trillion over the next 10 years, and it will have an effect on every single American who pays an income tax. Small businesses especially will be hit hardest. ..."
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Wallace's question was about letting the Bush tax cuts for the wealthy expire. President Barack Obama's plan would increase income taxes for individuals making more than $200,000 and for couples making more than $250,000, with indexing for inflation. Wallace mentions that the Republican proposal to retain the tax cuts for the wealthy is "$678 billion you're not going to pay for." That's a reasonable estimate of how much increasing taxes on top earners would generate over 10 years.
Palin, however, responded as if the Democrats intend to allow all the Bush tax cuts to expire for everyone. If that were to happen, it would increase tax revenues by approximately $3.8 trillion over ten years.
She was given the Pants on Fire rating for her comments.So, after getting caught as a liar, Sarah Palin decided to call out politifact on her facebook page.
Guess who got caught lying, again?
Yep...
Sarah Palin said Democrats have no plan to extend some of the Bush tax cuts.http://www.politifact.com/truth-o-meter/statements/2010/aug/06/sarah-palin/sarah-palin-said-democrats-have-no-plan-extend-som/Sarah Palin disagreed with the Pants on Fire rating we gave her for the statement, "Democrats are poised now to cause this largest tax increase in U.S. history." So she let us have it, via a note on her Facebook page.
"Yesterday, PolitiFact.com fact-checked my statement about the coming $3.8 trillion Obama tax hike – the largest tax increase in history. They did such a bad job of it, however, that I feel compelled to fact-check the fact-checkers," she began.
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"Unfortunately for PolitiFact, no such proposal exists. ... Plan? What plan? There is no plan. All we have is smoke and mirrors based on an old Obama campaign pledge that if elected, he would exempt families making less than $250,000 a year from 'any form of tax increases.' ...
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We're not trying to antagonize Gov. Palin, but President Barack Obama has indeed published his proposals in some detail -- at least twice, in the annual budget documents that the White House releases.
Read more at www.politfact.com.
:)
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