The death panel stuff is a good example, as were the socialist nonsense. Those were examples. But let's take a look:
Palin said, "Democrats are poised now to cause this largest tax increase in U.S. history." She was asked about tax cuts for the top 2 percent. Either Palin is confused about the revenue numbers involved with extending the tax cuts, or she's willfully distorting the Democratic plans. We'll let you be the judge of that. Regardless, Wallace was very specific about asking her about tax increases for the top 2 percent. And that does not represent the largest tax increase in history. The unlikely outcome that she seems to be talking about -- that all of the Bush tax cuts will be repealed -- wouldn't be the largest tax increase in history either. Palin read the number on her hand correctly, but that's about all she got right. So we rate her statement
Pants on Fire.
PolitiFact | Sarah Palin said Democrats are planning "the largest tax increase in U.S. history"
PolitiFact's Lie of the Year: 'Death panels'
Seniors and the disabled "will have to stand in front of Obama's 'death panel' so his bureaucrats can decide, based on a subjective judgment of their 'level of productivity in society,' whether they are worthy of health care."
Sarah Palin, Friday, August 7th, 2009.
Ruling: Pants on Fire!
PolitiFact | PolitiFact's Lie of the Year: 'Death panels'
So no, Obama's tax increase on those making more than $250,000 would not represent a transformation of the U.S. system of government. His desire to "spread the wealth" through progressive taxation makes him no less a capitalist than McCain, or Lincoln. Palin's allegation that Obama wants to "experiment with socialism" seems designed less to inform than to inflame. That's Pants on Fire wrong.
PolitiFact | The McCain campaign experiments with dishonesty
Dumb Sarah Palin Quotes - Top 10 Stupid Palin Quotes