52 trillion dollars is insane. If you tax the top 1% of all their money, I don't think you could pay that off
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[quote]52 trillion dollars is insane. If you tax the top 1% of all their money, I don't think you could pay that off[/quote] This... and I'm sorry but I don't believe that the 1% (or whatever "rich people" are defined as) will simply let uncle sam take that much of their money. Demand too much of their pie and they're likely to simply move the whole damn pie to a different country. Then you get none of it.
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Yeah, just for the hypothetical scenario, you couldn't get enough money, so just raising taxes on the 1% to a "reasonable" rate is not enough to pay this thing off. I might be ok with this much spending if I knew we could pay it off. But the way I see it, it's 20 trillion more than our debt, so if we could pay of this, why haven't we already paid off our debt