lol....you have NO knowledge of history if you believe that to be true. Obama is merely allowing the Bush tax cuts to the rich to expire on time, just as scheduled. That will raise SOME taxes by 3%, and it will make those taxes at the same rate as under Clinton....while the majority of Americans will keep their same tax cuts as under Bush. Further, even the richest 5% of wage earners will still be paying 10% LESS than they did under Reagan.