Sarah Palin on Taxes

Last Updated : Dec 14, 2010

Summary

Governor Palin has been a vocal supporter of balanced budgets and lowered taxes for states and the federal government. During the 2008 Presidential campaign, Governor Palin pledged that a McCain / Palin administration would balance the budget in the first 4 years.

In the Vice-Presidential debate and in numerous campaign appearances, Governor Palin mocked assertions by President Obama and Senator Biden that paying taxes was patriotic. She opposed the idea that taxes should be increased on those making over $250,000, noting that numerous small businesses and family owned businesses fell into this range. 

Governor Palin has supported the extension of the Bush tax cuts and efforts to make them permanent. She has referred to efforts to allow those cuts to expire as the "Obama tax hikes."

 

Pledge to Balance the Budget

During the 2008 Presidential campaign, Governor Palin pledged that a McCain / Palin administration would balance the federal budget in the first four years.

 

The Vice-Presidential Debate

During the Presidential Debate, Governor Palin spoke about President Obama's plan and noted that numerous small businesses would fall into the "wealthy" classes. She mocked the notion put forth by the Obama campaign that paying taxes is patriotic.

 

Support for Extending the Bush Tax Cuts

Governor Palin has been a vocal supporter of extending the Bush tax cuts, referring to President Obama's desire to allow them to lapse as the "Obama tax hikes". 

In August of 2010, Governor Palin appeared on Fox News and spoke about the Bush tax cuts. She stated that ending the cuts would be detrimental to the economy.

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