Also, the capital gains taxes ARE low and the income taxes ARE high, so just paying down the debt isn't nearly so "even-handed" as it seems.
Personal income taxes are the larges revenue source for the U.S. Government, so it is the main way we have decided to tax ourselves. Arguably it is one of the most steerable, and we have long health that progressive taxation is for the common good (as much of a mockery as some high-income individuals have made of that).
So with that as the background, the U.S. ranks towards the bottom of the OCED countries in taxes vs. GDP. Yes we get less than the citizens of the countries paying the most, but not that much less.
https://taxpolicycenter.org/briefing-book/how-do-us-taxes-co...
That seems insignificant when their other proposed policies are intended to massively increase that debt?
Like.. we could just personally tax Elon a little bit more while changing nothing else and recover more money, most likely.
Elimination (or indefinite pause) of the CFPB that was a trade of 21 billion in consumer savings for like 750 million in expenses.
If they wanted to improve efficiency, there's an easy place to start: the IRS. And you wouldn't start by firing, you'd start hiring lots and lots of people.