Mr. Obama won the White House promising tax cuts, but he will be governing with a Democratic Congress bursting with desire for a more activist government. As he faces this challenge, he might remember the fate of another man who made taxes the central part of his campaign: the first President Bush, whose most memorable campaign line -- "Read my lips, no new taxes" -- was as central to his victory as Mr. Obama's promise to cut taxes for 95% of Americans. George H.W. Bush famously reneged on that promise. Voters rejected his bid for a second term.
Mr. Obama ran like Reagan. Will he be able to govern that way, too?
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