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BerichtGeplaatst: 13-12-2018 08:19:53    Onderwerp: "We are going to cut taxes for businesses Reageren met citaat
ANKARA Jared McCann Jersey , Nov. 28 (Xinhua) -- The Turkish President Recep Tayyip Erdogan on Friday voiced concern over "rapidly rising racism, discrimination and Islamophobia in the Western World," and called on to work together against the threats weighing in the world.


Speaking at a joint press conference in Ankara with visiting Pope Francis, Erdogan said the Pope's visit to Turkey would remain positive influence on Muslim World.


"I believe Pope's messages today will reach not only to people of Turkey but to both Islam and Christian world," the president said.


Yet, Erdogan criticized Western World of discrimination against Muslims.


"Unfortunately, racism Jamie McGinn Jersey , discrimination and Islamophobia are rapidly increasing in the West," he stated.


Terrorist organizations such as al Qaida, Islamic State (IS) and Boko Haram are fruits of years-long wrongs of policies, the Turkish president said. "Desperate millions, who feel abandoned, become exploited by terror groups," he noted.


"Muslims are offended with attempts of identifying Islam with terrorism Radim Vrbata Jersey ," Erdogan said.


He called on the international community for alliance of civilizations and for cooperation against racism and hate crimes.


The Turkish president also criticized stance of international community on war in Syria and Palestine.


"There is state terror in Syria and Gaza right now but international community remains silent," he said.


Erdogan said both Pope and he were sharing same views on issues of "terrorism and dominance of money."


Pope Francis, for his part, said that Anatolia was a pilgrimage site for Christians around the world.


Muslims, Jews, Christians must have same rights, he said James Reimer Jersey , noting that Freedom of religion and freedom of expression should be provided.


Pope stressed that inter faith and intercultural dialogue would contribute to peace.


"We have to confront all forms of extremism, fundamentalism and terrorism," the Pope noted.


Francis appraised Turkey's efforts for hosting many Syrian refugees, saying "Turkey accepted many refugees, receiving them is a moral necessity."


The three-day tour is the fourth visit by a pope to Muslim-majority Turkey.


Although some 80 million citizens of Turkey are Muslims, there are around 120,000 Christians in the country Nick Bjugstad Jersey , once the centre of the Orthodox Christian world.


WASHINGTON — Getting to the bottom of President Donald Trump's tax plan is difficult because it exists so far as bullet points on a single page, with no detail. Still, there are reasons to be wary about some of the claims coming out of the White House about it.


CLAIM: TAX CUT IS BIGGEST EVER


Treasury Secretary Steve Mnuchin, in remarks Wednesday, channeled Trump's penchant for exaggeration. "This is going to be the biggest tax cut and the largest tax reform in the history of our country," Mnuchin contended.


The headline of the administration's one-page, double-spaced release made the same claim. At a briefing later Connor Brickley Jersey , Trump economic adviser Gary Cohn walked that back a bit, calling it "one of the biggest."


So how ambitious is it?


At first blush, it appears to be smaller than President Ronald Reagan's 1981 tax cut, the biggest ever. That plan reduced federal revenues by almost 19 percent, according to a Treasury report. In today's dollars, that would mean a tax cut of more than $600 billion a year or well over $6 trillion over the next decade.


An early analysis by the nonpartisan Committee for a Responsible Federal Budget estimates federal revenue would probably drop $5.5 trillion over a decade under the Trump plan, shy of Reagan's record-breaker. That assumes all elements of the plan are approved by Congress Jonathan Huberdeau Jersey , which is doubtful.


___


CLAIM: THE TAX CUTS WILL PAY FOR THEMSELVES


Mnuchin said the plan "will pay for itself with growth," reduced deductions and "closing loopholes." Tax experts are skeptical, and they're backed up by history.


Reagan's steep cut in 1981 contributed to years of deficits, even after he was forced to raise some taxes in subsequent years to stem the red ink. President George W. Bush's 2001 and 2003 tax cuts were also followed by large deficits.


"No tax cut has ever been self-financing," said Howard Gleckman, a senior fellow at the nonpartisan Tax Policy Center.


In its analysis of the Trump plan, the Committee for a Responsible Federal Budget said "no achievable amount of economic growth could finance it" and it would drive the debt to 111 percent of the gross domestic product by 2027 Aaron Ekblad Jersey , compared with 77 percent now. The group advocates for deficit reduction as a pillar of economic growth.


Alan Cole, an economist at the right-leaning Tax Foundation, has calculated that Trump's corporate tax cut alone would cut federal revenue by $2 trillion over 10 years. Growth would need to accelerate to 2.8 percent a year, from its current pace of about 2 percent, to pay just for that cut. But Cole forecasts growth would increase by only half that amount, resulting in ballooning deficits.


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CLAIM: TAX CUTS GEARED TO MIDDLE CLASS, POOR


"We are going to cut taxes for businesses to make them competitive and we're going to cut taxes for the American people Keith Yandle Jersey , especially low- and middle-income families," Cohn said.


Based on the outline, there's every reason to believe the wealthiest people in the United States will receive the biggest cuts under Trump's plan, though many low- and middle-income families would benefit, too.


The lack of specifics makes it hard to say precisely how the cuts would be distributed. But the plan is similar in outline to Trump's campaign proposal, which would have given nearly half its benefits to the wealthiest 1 percent of Americans, while middle-income households would have received barely 7 percent of the cuts.


The White House is also proposing to eliminate the estate tax and alte

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