Agree with your assessment, bert. After a passage of time, taxes will not be sufficient and confiscation of our properties will have to kick in.
The political outcome will be expanded Medicade with higher income thresholds plus catastrophic care. Those under 400% of poverty level (e.g. $60,000 for a couple) plus the very sick will get either free or heavily subsidized health care. Everyone else will continue as before 2014. This will add three hundred billion to the annual federal deficit.
That 400% of poverty level is the population median. It splits the country in half. That’s music to a Democrat’s ears: 50% takers and 50% makers.