Tax The Rich. Yes. Let's actually do it.

Ok so I'm going to start by saying something that might surprise you coming from this account.

Tax the rich. Yes. They hoard wealth while people can't pay rent. They buy politicians. They use every loophole while the rest of us pay full price. The system is rigged and they know it. Tax them hard. Take it back.

I mean it. That feeling of injustice is real. When someone sits on $300 billion and someone else can't afford groceries, something is fundamentally broken. You're not wrong to be angry.

So let's actually do it. Not talk about it. The math. Right now.

Elon Musk first.

Net worth: around $300 billion. (Forbes Real Time, May 2026, go check it yourself)

Now. US debt increase on May 21 2026 alone: $61.7 billion. One day. (fiscaldata.treasury.gov, also go check it yourself)

So if you confiscate everything Musk has. Not tax him. Confiscate. Zero him out completely.

You get 4.8 days of debt growth covered.

4.8 days.

Then he's gone. Debt keeps going.

Ok fine. The whole Forbes 400 then.

400 richest Americans. Combined net worth roughly $4.5 trillion (Forbes 2025).

Total US debt: $39 trillion. Growing at around $7.6 billion every single day.

Take it all. Every dollar from every billionaire in America.

You cover the existing debt for about 42 days.

Not the growth. The existing pile. For 42 days.

Then they're all gone.

Debt keeps growing.

Nothing structural has changed. At all.

Ok so what just happened there.

We did what the argument said. Took everything. And got 42 days.

Someone's going to say: tax them every year not just once. Sure. Forbes 400 combined yearly income is maybe $300-400 billion. Debt grows $2.7 trillion a year. You're covering around 13% of annual debt growth with 100% of billionaire income. Every year. Forever. Gap doesn't close. Actually gets worse.

Here's the part nobody wants to hear.

This is NOT a defense of billionaires. Some of them are genuinely awful. Some do buy politicians. Some do rig everything in their favor. All true. Worth fighting.

But even if every single billionaire was a perfect human being who paid every cent of taxes owed, the debt would still grow $7.6 billion today. And tomorrow. And the day after.

Because the debt isn't caused by rich people not paying enough. The debt is what happens when every dollar in circulation was borrowed into existence with interest that was never created alongside it.

$1.x > $1. For every x > 0.

The interest doesn't exist in the money supply. So someone always ends up short. Governments borrow to fill the gap. Which creates more interest. Which doesn't exist. Which requires more borrowing. Faster every year. Doesn't matter who's in power. Doesn't matter what the tax rate is.

You can't tax your way out of a compounding interest problem.

You can only fix the architecture.

So what then.

Tax the rich if you want. Close the loopholes. Make them pay their share. Do it for fairness, there are a hundred good reasons.

Just don't confuse that with fixing the debt. Those are two different problems. One is about fairness. The other is pure math.

The architecture is broken. It can be fixed. We actually did it once before, three weeks, middle of a world war, hotel in New Hampshire, 1944.

Everything I've built on this is open source: publiccashmoney.com

$2+2=4. Period.

Source: postaperdavide

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7 Comments

  1. There are two realistic ways out of our debt problem. Massively cut entitlement spending and/or implement a very high VAT or national sales tax like what they do in Europe. If you don’t want to wreck our consumer driven economy, you do the former and not the later.

  2. GalvestonDreaming on

    Tax the rich, but add no new spending until the deficit is covered.

  3. Cold_Specialist_3656 on

    It’s not just about taxing rich people. Equally important is taxing mega corporations.

    The 10 biggest US megacorps have more revenue than most of Europe. 

  4. Sturdily5092 on

    Why is this even an argument? Everyone should pay their fair share of taxes and not just individuals but companies and corporations too

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