Will tax revenues magically increase?

In a blog entry entitled: Widening US Deficit To Collapse the Dollar , the author, Eric King, points out that tax revenue are projected to vastly increase over the next several years, but he thinks that this is a fantasy.

To look at some hard numbers, according to the CBO baseline, revenues are projected to increase from 2,116B in 2010 to 2,967 in 2012. During this same timeframe, expenses are projected to increase only from 3,545 in 2010 to 3,609 in 2012. If revenues do in fact stall, then this would indicate nearly a $1.5 trillion deficit in 2012.