Former U.S. Sen. Willard Mitt Romney, R-Utah, is neither the first nor the last billionaire to say that he wants to pay higher taxes, ergo, other Americans should suffer tax hikes, too.

Romney recently wrote, “It’s time for rich people like me to pay more.” He advocated higher taxes on—among other things—payrolls, real estate, carried interest, and death.

It’s as if 2012’s GOP presidential nominee walked into a restaurant, ordered a steak, and then instructed waiters to deliver a filet mignon to every table, rather than pick up those steeper tabs, Romney would expect patrons to pay those bigger bills.

Legendary investor Warren Buffett, 95, also practices this moral exhibitionism. The Oracle of Omaha famously whines that his secretary pays a higher tax rate than he does. So, rather than fight to........

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