At the same time, there is nothing stopping him from handing the government the difference between what he has paid in the past and what he would have paid with the typical tax rates he's talking about. Talk is cheap.
It depends on your objective. Is your objective to take money from billionaires? Then, sure, he could just give it.
Or is your objective to fund the federal government? Mitt Romney doesn't have that much money. (All the billionaires together don't, at least not for long. But they go much further than Romney alone would.)
Romney says, "No one countenances cutting benefits for current or near retirees. But Social Security and Medicare benefits for future retirees should be means-tested — need-based, that is to say — and the starting age for entitlement payments should be linked to American life expectancy."
This unfortunately has been the philosophy of those in power for the last 50 years... basically they want to subsidize benefits for themselves at the expense of our children and grandchildren.
America used to be a country where people tried to make the future better for others, now it is a place where everyone tries to steal as much as they can for themselves. Doctors artificially limit supply to keep their rates high while increasing suffering for others, the patent system allows trolls to rob those who actually work, and every special interest tries to rob everyone else. We are doomed.
It’s nice to see someone who knows about, and uses, the loopholes advocate for closing them.
Or is your objective to fund the federal government? Mitt Romney doesn't have that much money. (All the billionaires together don't, at least not for long. But they go much further than Romney alone would.)
This unfortunately has been the philosophy of those in power for the last 50 years... basically they want to subsidize benefits for themselves at the expense of our children and grandchildren.
America used to be a country where people tried to make the future better for others, now it is a place where everyone tries to steal as much as they can for themselves. Doctors artificially limit supply to keep their rates high while increasing suffering for others, the patent system allows trolls to rob those who actually work, and every special interest tries to rob everyone else. We are doomed.