It should also be obvious that the rich are paying more of the whole than at any other time in US history.
Likewise, regardless of scheme Uncle Sam has collected 15% of the GDP in tax revenue since WWII.
For many years at this point, Uncle Sam is spending 25% of the GDP annually.
It should also be obvious that this is not a taxing problem.
That said, European taxes are close to twice as high as in the US. They collect almost twice as much of the GDP annually dependent upon country. That will be coming here in the form of a consumption tax and income tax-no different than Europe.
What will follow is a complete dearth of innovation leaving us dependent on Asia-which I suppose is the end game of the fundamental transformers.
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Likewise, regardless of scheme Uncle Sam has collected 15% of the GDP in tax revenue since WWII.
For many years at this point, Uncle Sam is spending 25% of the GDP annually.
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Pretty soon, you run outta OTHER People’s $...happens EVERY time when Socialism+ is attempted. *shrug*