How does taxing the rich matter ? The 0.1% on top you can't tax. Just won't work. And to boot, won't matter in the budget.

Then the 0.1% - 1% doesn't matter if you tax them, since they mostly (>50%) get money from taxpayers in the first place. I mean, I love the rightist "make money go round" argument, but what's the point. Obviously these people will simply demand more money from the government and judging by past performance doing that, they will succeed at this.

I don't know what the solution is, but outright increasing taxes will make the problem worse.