Politifact: Palin Pants still on Fire
Former Alaska Gov. Sarah Palin is duking it out with PolitiFact.com, the fact-checking arm of the St. Petersburg Times, over her claim that “Democrats are poised to allow [the] largest tax increase in U.S. history” by letting the Bush tax cuts to expire.
Palin’s original statement — which suggested Democrats are planning to levy $3.8 trillion dollars over 10 years in new taxes on Americans — drew a spate of criticism from the left. PolitiFact weighed in with a post rating her assertion as “Pants on Fire,” arguing that the question to which Palin was responding, asked by Fox News anchor Chris Wallace, was about reinstating taxes on only the wealthiest 2 percent of households. In that scenario, PolitiFact cited $678 billion over 10 years as a “reasonable” estimate.
