This website contains age-restricted materials including nudity and explicit depictions of sexual activity.
By entering, you affirm that you are at least 18 years of age or the age of majority in the jurisdiction you are accessing the website from and you consent to viewing sexually explicit content.
$500 billion is a sizable chunk of that $6.3 trillion, and it’s still only a 25% tax rate, and then only the “ultra-rich.”
If one considers something more reasonable, like a 70% tax of income over $100,000, then you’re talking about more substantial amounts to really start catching up to top economies.
500 billion over 10 years is not a sizeable chunk of a single year total.
They spend more than that a year on “defense”.