Trump cuts spark fears of global tax war

Paris (AFP) – Donald Trump’s plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts say.
In what Trump’s economic advisor Gary Cohn described as “the most significant tax reform legislation since 1986, and one of the biggest tax cuts in American history,” the White House plans to dramatically cut taxes for US businesses and individuals, s