The key to tax reform is to close tax loopholes and make the system more fair for everyone. Obama should be open to many suggestions such as reducing the capital gains tax, increasing excise taxes on gasoline and making the tax code simpler with fewer deductions. Although not everyone can be pleased by tax reform, Obama can do it by compromising with the GOP.
Barack Obama wants nothing more than to reform taxes and help the American people. Sadly, the republican party is more concerned with making him look bad than compromising and being bipartisan. They will watch him fail rather than work with him, and this will be at the expense of the American public.
Frankly I don't think he or few others in government care about tax reform at all, except to ensure that the rich keep getting richer and the poor get poorer. It's been that way for many years, and I don't see that changing now. We've seen higher and higher taxes, all the while the value of the dollar has decreased tremendously, but the rich have been always rather uneffected. So no I don't see Obama cutting a deal on tax reform, because it's not in the agenda and interest of the state to do so.
The entire GOP has signed Norquist's pledge against raising taxes, and they need his money for their re-election campaigns. Unless real campaign reform happens that makes it impossible for one person to buy elected officials, tax reform (or any other reform for that matter) will not happen. Real limits on contributions is the only way individuals will have any voice in government.