So if you are a multimillionaire who get most of your income from dividends and capital gains, then you're typically paying 15 percent of your income in taxes, at the federal level.

WHITEHOUSE: Town Hall in Los Angeles

There is cost associated with that, and given the current very low levels of value of most of the recycling materials, you're not going to get a lot of income from there.

BBC

In a Chapter 13 bankruptcy, by contrast, you can get rid of some tax debts that stem from fraud or unfiled returns, but you're expected to pay at least something toward those tax bills from current income for three years.

FORBES: Bankrupt Solutions

But arithmetically, it's nowhere near enough to re-balance the economy, especially when domestic investment is still weak, and the income we earn from our investments abroad has fallen off a cliff.

BBC: An economic mid-term review