My friend has millions of cash in the CD's and her family only spend on interest, so Obama's tax raise or cut really does not matter. When he raise the tax on my friend, he would be lazier and let some of the cash sitting in money market which only making 1% interest, where as if the tax cut, he may be a bit aggressively looking for higher rate, say, 5 year CD's of 3.5%. He said, either way, either Obama took part of his interest, or the banks. In any case, he would make sure his family spend only the interest.