And Obama still would not do it thus making the Bush tax cuts now the Obama tax cuts. Your GOP "no more taxes" rhetoric did not matter at the time, Obama and the left hand the opportunity, control, and ability to set taxes to a level that made sense. But, wasted it. Fearful of the recession, fearful of the politics of it, holding onto "we inherited it" and abandoning the stance that raising taxes eventually creates a better economy. Our problem is self inflicted, and Obama and crew are now on the list with plenty of GOP members as well that are contributors to that problem.