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Re: “Raising taxes on the rich can’t fix inequality,” Sept. 29 Peter Orszag column.
Peter Orszag does his best to “educate” us that raising taxes on the wealthy would have only a minimal effect on inequality. Apparently increased inequality in America is either ordained by God (or the laws of the universe) and is unconnected with tax rates.
Orszag’s arguments would have been more persuasive if he had been able to explain why in America, when the top rate of income tax goes down, inequality goes up. And when the top rate of income tax goes up, inequality goes down.
But don’t take my word for it. Type “US top 1% income share and top marginal tax rate” into your computer’s search engine and see for yourself.
Guy Wroble, Denver
This letter was published in the Oct. 4 edition.
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