And here's the fact: the fact is it doesn't solve the problem. First of all, if you taxed these people at 100 percent, basically next year you said, 'Look, every penny you make next year the government's going to take it from you,' it still doesn't solve the debt.

Summary

This quote highlights the speaker's belief that aggressively taxing wealthy individuals at a 100 percent rate would not be an effective solution to addressing the problem of debt. The speaker argues that even with such high taxes, the issue of debt would persist. The quote emphasizes the complexity of the debt problem, suggesting that alternative approaches might be necessary to effectively address the issue.

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