The tax code has redistributed wealth to the top with $1.2 trillion in annual tax expenditures that mostly help people that really don't need the money. Between 1995 and 2010 only the top 10% gained wealth and the bottom 50% of the population lost so much that they have only $3 today for every $10 they had in 1995.
We need a re-redistribution of wealth. The tax code needs to include net wealth as an adjustment to income tax liability. A 2% net wealth tax could replace the regressive, job killing payroll taxes. More at TaxNetWealth.com