Look, there is a 99% chance that the Bush tax cuts will be made permanent for those under $250k/year, and the tax cuts for those over $250k/year will be extended for 2 years. Many of the Dem Senators running for reelection in 2012 have already signaled agreement to this.
It's a done deal.
Even if Reid brings such a bill to the floor (highly unlikely), Obama has hinted that he will veto it.
A large majority of voters oppose the millionaires tax cuts, so it would be a good first chance to start differentiating himself from the Republican congress.
And stop impersonating Sam Spade by pretending to know more things than you actually do.