VIDEO: Sarah Palin Tells ThinkProgress ‘Mitt Romney Was Right’ That Corporations Are People

ThinkProgress filed this report from the Iowa State Fair in Des Moines, Iowa.

Yesterday, former Massachusetts Gov. Mitt Romney (R) made a major gaffe on the campaign trail when he told a crowd of Iowans that “corporations are people.” Romney’s statement was particularly tone deaf because average citizens’ incomes have stagnated for more than a decade while corporations are currently enjoying record profits.

Today, former Alaska Gov. Sarah Palin (R) kicked off a bus tour of Iowa at the state fairgrounds where Romney had stumped the day before. ThinkProgress asked Palin if she agreed with Romney’s belief that corporations are people. Tossing aside previous efforts to position herself as a populist leader, Palin sided with corporations, declaring, “Mitt Romney was right.”

KEYES: Governor, are corporations people?

PALIN: The people pay the taxes. It’s not an entity — the corporation itself — that pays the taxes. It’s the people who pay the taxes. So Mitt Romney was right.

Watch it:

Note to Palin: corporations as legal entities do in fact pay taxes. While the entity has a tax bill, there is someone somewhere that ultimately has less money as a result.

Unfortunately, Palin is not the first GOP bigwig to defend Romney’s assertion that corporations are people. Yesterday, ThinkProgress spoke with Sen. Rand Paul (R-KY) who vociferously backed up Romney, saying, “all of us are corporations.”