re: National debt tops $22 trillion for the first time as experts warn of ripple effects

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For the past 70+ years, the US tax receipts average out to about 18.5%. Taxing more doesn't increase the percent and taxing less doesn't either. If you want to increase tax receipts you have to grow the GDP. It isn't rocket science.

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Averaged out, yes, but they have fluctuated. Even a 1% swing is significant. 1% of $20 trillion in GDP is $200 billion. Over 5 years, that’s a trillion. You can’t say that tax rates don’t affect collections meaningfully.

A small percentage of a big number is still a lot.