That’ why I laugh at the Flat Taxers. Nobody really wants a Flat Tax when you hit things like capital gains and carried interest.
We should just seize all the assets of wealthy liberals like Mitt Romney and Hillary Clinton to help pay off the national debt; after all, they are the ones responsible. We would also be able to fund the military for a while with their assets; cutting all other government spending would mean that we could reduce taxes to historically low levels. Our GDP would skyrocket, and we wouldn’t be in debt to foreign countries.