Let's put enough empirical cards on the table to fully make sense of our current "problem".
In 2003, after West Virginia's aging Senator Byrd filibustered beyond the capabilities of most people his age, Bush went forward with his plan to overthrow Saddam Hussein with the Iraq War. Most important about this is Bush's decision to cut taxes when it has always been recommended to raise taxes when waging a war.
I remember that my own tax cut amounted to no more than $500, and I distinctly remember that I told myself and others that I didn't want any goddam tax-cut: that I thought taxes should be raised. There is still enough fact in hindsight to say that the war in Iraq was unnecessary, but what we have today is a different world order because of it, and additional costs we sustained from unleashing ISIS and further meddling in Syria. Lay the blame on this or that President, but since 2003, taxes should have been raised to cover the cost of deficit increases and additions to the national debt. And choices about spending should have been tempered by more than just a pie-in-the-sky belief that lowering taxes would actually increase revenues to the degree that the problem would be solved.
The current illegitimate President -- Criminal, Rapist, Liar, Tax-Fraud, Racist-Filth and Traitor -- had already added $8 Trillion to the national debt as of his last bite at the apple. Few members of Congress from either party will promote the idea of tax increases, but the current status of affairs has encouraged radical reactionaries like Trump's OMB Director and other architects of Project 2025 to simply ignore the system of government, Law and procedure honored in this country throughout its history.
Do I think that raising taxes need send people like me or those with lesser income into penury? No. But we certainly understand where the un-American South-AFrican pathogen is coming from : he and a small number of the like-minded still promote the idea of Trickle Down, as they piss on our Law and our Republic.
I can see the dire historical ramifications for allowing the Criminal Illegitimate Trump Regime to continue. On the other hand, what would be the historical ramifications if Congress simply voted to expropriate Space-X and Star-Link, and then tax Musk and friends to the degree their socio-economic class was taxed during the 1950s?
I don't care about them. I'm not going to fight wars that they create or which benefit them. I'd sell them all out in an instant. Their welfare and prosperity has nothing to do with my own, but they are threatening my security as I speak -- without any authorization from Congress and as an agent for one of the most degenerate and unprincipled leaders in American history.
Marx predicted that Capitalism would destroy itself. Responsible governments beginning with Roosevelt and America's labor movements for a time insured that this would not happen. But here we are. Even so, I have always maintained that Capitalism as an ideology is off center, if Capitalism is basically just a process and mechanism of longstanding historical relevance. Adam Smith laid the groundwork for the ideology; Marx produced a scholarly work that was supposed to refute or answer Smith. But most people hardly understand that.