Of course you can have it both ways.
A: The rich already pay most of the taxes in this country.
B: Even if they paid much more, it still wouldn't be enough to cover the fiscal hole we've ended up in.
What fiscal conservatives have been trying to tell everyone for a while now is that the well is dry. As Thatcher said, the problem with socialism is that eventually you run out of other people's money.
We have.
Europe hit the wall first, and apparently nobody here paid attention.