I'm skeptical that no level of taxation can support the government. Bill Clinton was able to balance the budget, and that wasn't so long ago.
The government collects trillions of dollars a year in taxes as it is. A significant percentage increase to the level of taxation against top earners would make a huge difference, and it is difficult to fathom what operation the government could run to remotely approach that level of increased revenue generation. What do you have in mind?
You see nationalization of industry as a pathway to revenue growth? I guess it makes sense, but somehow I always think about industries like healthcare being nationalized as a means of providing service, which is likely to cost the government more money
What industry would be profitable and appropriate for nationalization?
The government collects trillions of dollars a year in taxes as it is. A significant percentage increase to the level of taxation against top earners would make a huge difference, and it is difficult to fathom what operation the government could run to remotely approach that level of increased revenue generation. What do you have in mind?