The Treasury Department doesn’t include obligations for Medicare, Social Security, Medicaid, and federal and state pensions when they are calculating the federal debt. Which is good, because THAT number is already at $86.8 trillion and expected to rise to $220 trillion. In order to cover that would require the IRS collecting $8 trillion a year, instead of the $2.1 trillion they currently collect. If they took ALL the income of everyone making more than #66K a year and ALL the income of all the companies in the US, that would be $6.7 trillion a year available to be taxed. Even taxing 100% of that, ie taking ALL of the income, won’t cover the liabilities.
Means that there is no way to tax ourselves out of this.