Defense spending, moderate taxation, and a respect for private property is what makes the dollar a reserve currency to begin with.
Taxing wealth agressively and cutting defense would immediately kill the goose that lays the golden eggs.
Absolutely
> the US is the lowest-taxed Western country
From 2021 but shows relatively how much tax is taken before you get your after-tax income:
https://www.brusselsreport.eu/2021/07/22/new-study-compares-...
Or, the country can break up with each portion rearranging its financing and resources accordingly. There's a number of options, if people choose to think beyond the next social message post.