Obama is not going to raise any taxes at all. He is simply going to allow Bush's little experiment in reverse socialism come to an end and let the tax cuts for those who never needed them expire. The tax system will become like it was under Reagan until such time as The Democratic Congress can give fools like Joe the Plumber and Sawzaw tax breaks they were too shortsighted to ask for on their own. Hell, even dour Doug might pay a few pennies less.
The economy needs economic stimulus. There needs to be money in the hands of those who will spend it. Obama understands that. So called conservatives unfortunately haven't realized that the religious mantras that they think of as economics are as bankrupt as the "Masters of the Universe" that Bush's ignorance allowed to put us in this mess.