See, taxing people is not a solution to the problem, rich people will find ways to circunvent the rules and money will flow out of the country instead of being invested here. So the real solution is to stop taxing people and let them have their money so they can invest it here while also attracting capital from around the world.

Now, do you remember when the FED under Obama printed a trillion dollars a year for five years? Do you know where that money is? Is part of that in your pocket? I don't think so. Well, give that kind of money to 100 million americans in an installment of a thousand dollars a month and that would cover their basic needs while the whole country produces more with all the tax cuts to the producers. Of course much less regulation would do wonders to the economy, like eliminating patents, minimum salary laws, health and education regulations, etc. Go back to letting the individual produce with their own hands and minds without governemnt intervention and that will bring much more prosperity than any other idea. Except politicians won't like it.

So in short, while inflation (money printing) is a kind of taxation, we could easily print money (10% of GDP)to give it to the needy while reducing the size of government and regulations to increase production.