I recommend a post by Jared Bernstein I came upon which links to McCain's proposed tax program.

It is a table constructed by the Tax Policy Center's steely-eyed tax analysts, and it reveals nothing less than McCain's secret plan to diminish the US government beyond recognition. If he gets his way, conservatives will finally be able to say they've achieved the goal set out by Grover Norquist: to get government "down to the size where we can drown it in the bathtub."

The numbers in the table show the revenue loss to the Federal government from McCain's proposed tax cuts. In the far right corner is the 10-year total: -$5.7 trillion.

People deride the Republican candidate as "McSame," implying a continuation of Bushonomics as well as the president's foreign policy. But from the perspective of domestic policy, it's much worse. Sure, McCain extends the Bush tax cuts but that's the least of it. At $1.7 trillion they amount to less than a third of the damage.

Note also that the big ticket tax cuts-eliminating the alternative minimum tax and lowering the corporate tax-both follow on another Bush tradition of exacerbating market-driven (i.e., pre-tax) inequalities by cutting high-end taxes the most.