Anyone who thinks that Obama is suddenly going to be the first person ever elected to not back pedal on one thing (spare perhaps Ron Paul and other fringe congressmen) you are the one being moronic.
I'd say the first thing is lower the salary of those receiving tax increases to around $100,000-$150,000
I think the opposite will happen. I'm willing to bet that we'll see little change in the federal tax policy by the end of his term. He capitalized on all of the recent populist fervor in order to win, but now he's starting to realize the absurdity of his proposals, and will actually try to improve the economy rather than drive it into a Carter-inspired ditch.