It's a sad state when taxes are to go up automatically by default, because the so called 'tax cut' is about to expire. As if the govt is automatically entitled to our money and they're just giving us poor peasants a tax break/cut for a little while.
It should be the other way around. Tax increases should have an expiration date. Even the current rates are not tax cuts but high taxes. If they expire, the automatic default should be 0 Taxes until something new gets signed.