Posted by Bob Lord
If we don't arrest and ultimately reverse the concentration of wealth (and, with wealth, power) in America, nothing else will matter in the end. The America we know, the America we think of when we refer to it as the greatest country on earth, doesn't exist if fewer than 1% of the population controls more than 90% of the wealth. That's already a possibility. And if Mitt Romney and Paul Ryan win in November, they'll make absolutely sure of it.
The only brake on the undue buildup of wealth at the top in a capitalist society is tax policy. Thus, tax policy has a purpose beyond the obvious one of raising revenue to run the government. In this critical respect, Romney and Ryan aim to turn tax policy entirely on its head. In doing so, they intend to destroy American society as we know it.