Stephen Moore

1 week ago | takimag.com | Stephen Moore |Theodore Dalrymple

What is it about politicians in Washington that they just can’t stand progress or the thought of anyone getting rich? That’s the attitude of many Democrats in Congress as they try to cripple the private equity and venture capital industries with higher tax rates. These financiers are some of the most dynamic risk-takers on the economic playing field. They are disrupting the old stodgy banking and Wall Street financing networks.