‘Big­gest ever tax cut for business’

The Press and Journal (Inverness) - - WORLD NEWS -

to the Na­tional As­so­ci­a­tion of Man­u­fac­tur­ers.

He said the tax cut plan was a core el­e­ment.

The nearly six tril­lion US dol­lar tax-cut plan sketched out this week by Mr Trump and other of­fi­cials would deeply re­duce taxes for cor­po­ra­tions, sim­plify tax brack­ets and nearly dou­ble the stan­dard de­duc­tion used by most tax fil­ers.

Mr Trump also high­lighted a pro­vi­sion of the plan that would al­low busi­nesses for the next five years to write off the full cost of new equip­ment in the year it is pur­chased.

Mr Trump said that alone will en­cour­age com­pa­nies to in­vest and cre­ate jobs. com­mo­date peo­ple at­tempt­ing to de­part the re­gion ahead of the ban, of­fi­cials said.

Iraqi prime min­is­ter Haider al-Abadi first warned of the ban the day af­ter the ref­er­en­dum was held, de­mand­ing the Kur­dish re­gion hand their air­ports over to cen­tral gov­ern­ment.

While Bagh­dad con­trols the airspace over the Kur­dish re­gion, im­mi­gra­tion and se­cu­rity in­side the air­ports are con­trolled by lo­cal Kur­dish re­gion of­fi­cials and se­cu­rity forces.

Iraq’s trans­port min­istry or­dered in­ter­na­tional air­lines to halt ser­vice to Ir­bil, the Kur­dish re­gional cap­i­tal, and Su­laimaniyah, its sec­ond city.

Re­gional air­lines have said they will hon­our the flight ban.

Many of the hun­dreds of peo­ple trav­el­ling yes­ter­day af­ter­noon were for­eign­ers or­dered to leave the re­gion by the com­pa­nies they work for.

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