Trump tax cuts will be 'biggest in history'

Trump tax cuts will be 'biggest in history'

The Trump administration is finally outlining its proposal for tax reform, which leans heavily on tax cuts. It will be “the biggest tax cut and largest tax reform in history of this country,” Treasury Secretary Steven Mnuchin promised Wednesday morning in an interview with The Hill. For instance, in a bid to spur economic growth and make businesses more competitive internationally, President Trump wants to slash the top tax rate for all businesses to 15%, far below top rates today. But the administration’s outline for tax reform — which echoes…

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South Korea's presidential frontrunner angers LGBT activists

South Korea's presidential frontrunner angers LGBT activists

Posted April 26, 2017 22:50:58 Photo: Moon Jae-in, a former human rights lawyer, said he “opposes” homosexuality. (AP: Ahn Young-joon) South Korean presidential front-runner Moon Jae-in has outraged sexual minorities by saying that he “opposes” homosexuality, as the deeply conservative country heads toward elections on May 9. Key points: Moon Jae-in said he agreed that gay soldiers weakened South Korea’s military South Korea’s military has been accused of hunting down gay servicemen Sexual minorities are harshly stigmatised in South Korea Mr Moon, a liberal candidate and former human rights lawyer,…

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Strikes on US allies and mass detentions: Erdogan shuns West

Strikes on US allies and mass detentions: Erdogan shuns West

Erdogan has taken his referendum victory as a sign that Turks are happy with his government’s crackdown following a failed military coup in July last year, which has gutted the opposition, civil society and the free press. And the emboldened President appears to be taking this newfound confidence abroad. The airstrikes in Syria and Iraq mark an escalation by Turkey and put it in direct conflict with the US-led coalition’s mission against ISIS there. Erdogan vows more airstrikes Kurdish elements of the Syrian Democratic Forces, the US’ main ally the…

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China launches its first homegrown aircraft carrier

China launches its first homegrown aircraft carrier

The as-yet unnamed vessel is China’s second aircraft carrier. Early on Wednesday morning it was towed from Dalian Shipyard, in Liaoning Province, to a nearby wharf, China’s Ministry of National Defense said. The new vessel still lags behind its US counterparts technologically, but senior fellow at Sydney’s Lowy Institute Sam Roggeveen told CNN it is likely just a “stepping stone” to China’s next generation of aircraft carriers. “It’s probably been designed to just get China in the aircraft carrier game, and while this design was just an incremental advance (on…

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France: 'Proof' Assad behind chemical attack

France: 'Proof' Assad behind chemical attack

The French Foreign Minister Jean-Marc Ayrault said that samples taken from the attack on the rebel-held town of Khan Sheikhoun matched those from a previous incident. “We have definite sources that the procedure used to make the Sarin sampled is typical of the methods developed in Syrian laboratories,” he said. “This method bears the signature of the regime, and that is what has allowed us to establish its responsibility in this attack.” French laboratories had stored samples taken from other chemical attacks in Syria and so were able to compare…

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