Keith Burgess-Jackson, J.D., Ph.D.

To the Editor:

In the long run, the furor over A.I.G. bailouts may turn out to be the first public outcry over the country’s humongous income and wealth inequality. Perhaps political support will now begin to build for developing the considerably more progressive income and wealth taxes needed to help pay the country’s bills in future years.

Herbert J. Gans
New York, March 22, 2009
The writer is professor emeritus of sociology at Columbia University.