If the US totally seized the top 25 companies by market cap and somehow sold them all at their current market cap, there would still be trillions left on the federal debt.
If you managed to seize and sell at current market value the entire s&p 500, you'd be able to pay off the national debt and fund the government for 2 years. At current rates I'd expect it to be back to 32 trillion within a few presidential terms.
The leviathan swallows everything. You can't tax enough to support it.
If you managed to seize and sell at current market value the entire s&p 500, you'd be able to pay off the national debt and fund the government for 2 years. At current rates I'd expect it to be back to 32 trillion within a few presidential terms.
The leviathan swallows everything. You can't tax enough to support it.
