Your taxes go up everytime the dollar is devalued through inflation, which is every day. So the answer is yes and has been so since June 5 1933 when FDR took us off the gold standard. Will congress continue to add to that pain with higher tax rates, yes.
The collapse of the dollar is mathmatically certain, so I say the sooner the better. Only after it's failure do we have any hope of returning to fiscal sanity.
The only real question to ask is are they really that stupid or are they doing this on purpose?
"It can't be reasoned with, it can be bargained with, it doesn't feel pitty or remorse, or fear, and it absolutely will not stop, ever, until you are dead."