Could you be overestimating how easy it is to take possession of their money given global free trade? In 10 years, what are the odds you and others will have finally, after all these years, actually managed to have “taxed the rich” as has been proposed as the solution to current debt levels for many years now? If we cannot be certain of those tax revenues from finally “taxing the rich”, then they cannot solve the debt problem and we therefore need to look for other solutions. Not that the wreckless and irresponsible cuts from DOGE are the solution. They are likely to increase the size and scope of the government in the long run, after impairing it’s efficiency and operational capacity in the short. Hopefully the dems don’t blow the opportunity this time.

The US government can (and regularly do) sanction entire countries, trade is only “global” and “free” to the extent permitted by Washington.

Saying that the rich could somehow avoid the US government by moving abroad is a fallacy.