Let socialists rob from the rich 100% and you still wont be able to pay the bills

"Tax the rich." It's one of the easiest political slogans in America.Need more money for government programs? Tax the rich.Want free college or groceries? Tax the rich.Want universal health care, government-funded childcare, housing programs and expanded Social Security? Just make billionaires pay their "fair share."Elon Musk listens as President-elect Donald Trump addresses a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill in Washington, D.C., on Nov.13, 2024.

Musk was the world's first official trillionaire.(Getty Images)There's only one problem.

The math.THE MEDICARE FOR ALL TRADE-OFFS SOCIALISTS AREN'T TALKING ABOUT, ACCORDING TO EXPERTSThe Cato Institute recently decided to run the numbers on nine major proposals associated with the Democratic Socialists of America's 2026 platform.Cato estimates those proposals could cost somewhere between $71 trillion and $212 trillion over the next decade.Now, that's a gigantic range and an important caveat to know.

This isn't a Congressional Budget Office score of one piece of legislation.Cato assembled estimates from multiple studies to illustrate the potential magnitude of these policies.JONATHAN TURLEY: ABDUL EL-SAYED’S WEALTH-TAX FANTASY COULD WRECK THE MICHIGAN ECONOMYBut let's take the low number.

$71 trillion.Surely America's billionaires can cover that, right?Let's find out.AOC DOUBLES DOWN ON ‘MYTH’ OF EARNING A BILLION DOLLARS, CLAIMS FORTUNES ARE BUILT ON ‘ABUSE’Cato estimates America's 400 richest people collectively held approximately $6.6 trillion in wealth in 2025.

So, let's do something even the most aggressive tax proposal doesn't suggest.Take it all.Not 40%.

Not 70%.100%.Sell the yachts.Sell the stocks.

Sell the businesses.Empty the bank accounts.TOP SENATE DEM’S NEW TAX IDEA GETS TORCHED AS CRITICS WARN NEARLY EVERY AMERICAN COULD PAYCongratulations.

You raised $6.6 trillion.Unfortunately, you've covered only about 9% of Cato's low-end estimate.Want universal ...