Take your pick:

a) Gov. Palin is a socialist
b) Gov. Palin is a hypocrit
c) all of the above

News | Article

Republicans John McCain and Sarah Palin summon antidemocratic images of a communist state to attack Democrat Barack Obama's tax plan and his comment about spreading the wealth around. But in her home state, Palin embraces Alaska's own version of doing just that.
[...]
In Alaska, residents pay no income tax or state sales tax. They receive a yearly dividend check from a $30 billion state investment account built largely from royalties on its oil. When home fuel and gas costs soared last year, Palin raised taxes on big oil and used some of the money to boost residents' checks by $1,200. Thus every eligible man, woman and child got a record $3,269 this fall. She also suspended the 8-cent tax on gas. "We can afford to share resource wealth with Alaskans and to temporarily suspend the state fuel tax," she said at the time.

© source where applicable



Oh yeah, and don't forget - the real John McCain (before he turned into another typical politician and flip-flopped on everything in order to appeal to the neocons)

“I am disappointed that the Senate Finance Committee preferred instead to cut the top tax rate of 39.6% to 36%, thereby granting generous tax relief to the wealthiest individuals of our country at the expense of lower- and middle-income American taxpayers.” [McCain Senate floor statement, May 21, 2001]

“But when you look at the percentage of the tax cuts that–as the previous tax cuts–that go to the wealthiest Americans, you will find that the bulk of it, again, goes to wealthiest Americans.” [NBC’s “Today,” Jan. 7, 2003]

"Most of the economists view this as primarily benefiting wealthier Americans, there's a theory, I think, that's prevalent -- it was true in the 2001 tax cuts -- that if you give it to the wealthy people, then they will then, you know, create jobs, et cetera. The interesting thing to me is that most economists will tell you that it's the middle-income Americans that have been keeping the economy afloat." [McCain on CNBC]

Seems like Obama took the words straight from Senator McCain