If anything has undermined the rightwing trope that cutting taxes on the rich is the way to grow the economy, it should have been the last 8 years. Yet even today the rightwing noise machine insists that allowing Bush's tax cuts to expire at the end of 2010 -- as they were always meant to do and as Barack Obama said he would do -- is akin to raising taxes and is proof that Obama is a wide-eyed lib who is waging a war on wealth. Well, that argument may have just gotten a whole lot more difficult to make now that John McCain's top economic advisor has called for their expiration in the name of economic recovery.

According to Taegan Goddard:

Though economist Douglas Holtz-Eakin spent the 2008 presidential campaign advising Sen. John McCain to defend the Bush-era tax cuts, he now thinks they should be allowed to expire on Dec. 31, 2010 due to "the prospect of an Argentina-style fiscal meltdown."

Said Holtz-Eakin: "If you ask: 'Who pays the taxes?', it's the first step toward not having the answer be: 'Our kids.'"

This is very interesting because it signals an evolution on the right away from their blind tax cuts are the answer orthodoxy. If I find video of the exact quote I'll post.

There's more...