The Presidential Daily Brief


  1. Night shot of the World War II memorial facing Sough and East toward the Washington Monument.

    The One Thing Candidates Do Agree On

    Trump, Clinton and Sanders see eye to eye … on the “carried-interest loophole.” This esoteric bit of tax code allows investment managers’ profits — fees, not return on investment — to be taxed at the 15 percent capital gains rate, rather than the higher 35 percent income rate. Forcing them to pay the top rate could inject $40 billion a year into federal coffers. But loophole opponents must first contend with influential proponent and private equity billionaire David Rubenstein, who saved the Washington Monument and has dined with many a president.

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