Madonne! How daft can you be? The President of the United States has no Constitutional authority to raise any revenue, let alone federal taxes. Only the US Congress can do so.

Capital gains taxes have not increased. They are the same as they were in 2003 and as extended through 2010 by the Tax Reconciliation Act of 2006.

By the way, how in the world do you think that tax cuts or increases are implemented? Try by adjusting tax tables. Still, it takes Congressional legislation to enable. Thus, H.R. 1: American Recovery and Reinvestment Act of 2009 did that.

Trying reading more instead of emoting.