Reed points out that the proposed distribution would make a pretty thin gruel (about $5 per taxpayer). What's interesting, though, is the way he describes Mitt Romney's support for the plan:
Mitt Romney, master of reinvention, is at it again. Now he's the new Huey Long. In 1934, here's how Long described his plan to cap millionaires' holdings in Standard Oil: "[Give] the balance to the people of America who own the balance of what the Standard Oil Company is worth!" Here's how Romney sells his share-the-wealth plan 75 years later: "Distribute the shares to the taxpayers of America, let them buy and sell amongst themselves."
It's worth reading the whole article for that. The portrayal of Rush Limbaugh as anarcho-syndicalist is just the cherry on top.
Not that I believe Romney constitutes a Kingfish-level threat to American capitalism or anything. Long was, by most accounts (and from footage I've seen), a fantastic orator and charismatic individual with an unassailable power base in his home state. I'm not sure Romney even has a home state, and listening to him run his yap is about as exciting as watching paint dry.