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In reality, the only "wealth" a government has is what it has taxed away from individuals.  That aside, mathematically speaking, you can "tax the wealthy" and that does not even begin to solve the bigger issue at hand here.  Several estimates out there (based on CBO numbers) show a needed tax rate of over 100% just to balance the budget within the decade - which of course is laughable since no one is effectively going to pay to work over a certain income level.