It's reported on several places, like this one:
That essentially, the US Treasury would absorb $72 Billion annually or something like that every year if they just stopped giving the upper 5% of America's wealth the tax breaks they currently have.
I'm not an expert on anything when it comes to this sort of thing.. but I do know that I'm poor and I'd still be willing to give up at least 1 year of tax returns entirely if it meant that our country got out of debt, schools got the upgrades they desperately need, and healthcare could become available at least to the elderly and minors.
would something like this really work? Is it just as simple as forgoing tax breaks?