The debt issue is getting out of hand. It cannot be taxed out of existence without gutting social services, without drastic cutbacks on all services, the military, etc.

Then you start hearing those whispers, “Why should homeowners become rich in their sleep? Perhaps it’s time to start taxing home equity”. Or, “Why should people with assets still receive full pensions? The slow erosion of your rights to enjoy the fruits of decades of labor, in the name of spreading wealth or creating equity for other groups.  Should your government force you to extract equity from your home in order to maintain your living standards during retirement? Or is this another scheme to “financialize” assets that are sitting unused? If so, who will profit from the management of billions of assets that will flood the market? Or, is that the real goal, to create another pool of funds to be managed?