Something is wrong with the math there. To net $31 billion over 11 years, you merely have to tax a million people an extra $2818 per year. $234/month. Surely there are a million people in the U.S. (that's about the top 0.4%) rich enough to not even notice that. You could go much higher before they even feel a pinch.
To put the $7 trillion in perspective, over 11 years, that's about $2500/year in extra tax per American citizen. Now, most citizens definitely can't afford that, it's true. But looking at it in per capita per year amounts makes the numbers look a lot more tenable to me.
When someone quotes values "over the next 11 years" I can't help but wonder about their objectivity.
To put the $7 trillion in perspective, over 11 years, that's about $2500/year in extra tax per American citizen. Now, most citizens definitely can't afford that, it's true. But looking at it in per capita per year amounts makes the numbers look a lot more tenable to me.
When someone quotes values "over the next 11 years" I can't help but wonder about their objectivity.