Downsize Washington #9

An Extra $13.8 Trillion in Potential Revenue Found

If confiscating and selling off all stock of the Top 10 U.S. Corporations would raise $10.6 Trillion to reduce the burden of the national debt on future generations, then confiscating and selling off the next ninety stocks (from 11 to 100) of the Top 100 U.S. Corporations - bye bye Coca Cola, Home Depot, Pepsi, Boeing, Lowe’s, PayPal, Starbucks, Southern Company, Duke Energy, Netflix, CostCo, Walmart, T-Mobile, AT&T, UPS, American Express, McDonald’s, AirBnB, ExxonMobil - should eliminate the debt entirely. But, alas, the total market capitalization of the Top 100 amounts to less than $24 Trillion. The national debt is over $30 Trillion. But it would be cut back to $6 Trillion, where it was in 2002.

Delta and other airlines could fly, but they would have trouble if they needed to buy new planes. And maybe fuel.

You would probably have trouble finding cellphone service.

You may miss your favorite soft drinks. DIY home improvements will become difficult.

No Netflix, but perhaps you could find some other streaming service. If you have electricity.