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If you tax 100% of the money rich people have, it wouldn’t even put a dent in the debt.

Sure it would. We could pay the entire thing off with that.

https://www.cnbc.com/2021/06/23/how-much-wealth-top-1percent...

> The wealthiest 1% of Americans controlled about $41.52 trillion in the first quarter, according to Federal Reserve data released Monday.

Can't do it again as easily, of course.

Most rich people don’t have all their wealth in cold hard cash. They have assets. You can’t force rich people to sell their assets. And if you did, it would crash the economy.

No sane person is sitting on mountains of cash.

I take you then don't consider Warren Buffet sane? As he is currently sitting on mountains of cash, or at least would be if it weren't digital...

Warren Buffet isn’t most rich people…

The IRS can most certainly seize and sell assets to settle tax debt.

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