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October 09, 2004

Who can best manage wealth?

I thought of this listening to John Kerry promoting higher taxes on those making over $200,000 per year. The question is:

Who can best manage Teresa Heinz Kerry's fortune? Teresa Heinz Kerry or the Department of Education? If the answer is Teresa Heinz Kerry, then why is that true for her and not for others?

Or, perhaps it is that people who already have money have demonstrated their ability to manage it wisely. Not so those who are in the process of acquiring wealth. That wealth is better managed by the Department of Education.

Posted by creagb at October 9, 2004 04:33 AM