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Kinetic Man

Saturday
January 27, 2018
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Trump: US “Open for Business,” and Economists Mostly Agree

“It was a vastly exaggerat-
ed claim, but there is some
truth to it,” said Adam Po-
sen, president of the Peter-
son Institute for Internation-
al Economics.
Before Trump, “the high
marginal tax rate and
some of the regulation on
specific industries did mean
the U.S. was not always the
first choice,” Posen said.
Nicholas Veron, a fellow
at Bruegel, a think tank in
Brussels, Belgium, said that
among European business-
es, “there is some agree-
ment that the tax plan will
make it more attractive to
invest in the U.S.”
“Compared to other things
the president says, this looks
reasonably based in fact,”
Veron said. Still, Posen sug-
gested that Trump missed
an opportunity to speak up
in favor of the global trad-
ing system or to offer spe-
cific proposals on how to
improve, say, the protec-
tion of intellectual property
President Donald Trump delivers a speech to the World Economic Forum, Friday, Jan. 26, 2018, in Davos. rights. Corporate execu-
(AP Photo/Evan Vucci) tives in Davos, Switzerland,
By CHRIS RUGABER States, he said, is now a far more welcoming for busi- Obama administration, for the annual World Eco-
AP Economics Writer more inviting place for for- nesses. Last month, Trump and the administration has nomic Forum meeting were
WASHINGTON (AP) — Presi- eign companies to spend, signed a tax package that put dozens of other regula- generally bullish about
dent Donald Trump high- invest and build. cut the corporate income tions on hold. Those steps Trump’s agenda and the
lighted his tax cuts and While discounting some of tax to 21 percent from 35 should encourage more business climate he is help-
deregulatory efforts with a Trump’s more grandiose percent. The Republican overseas businesses to ing build in the United
salesman’s pitch to an elite claims, many economists Congress has also passed move to the United States States.
economic forum in Switzer- agree that he has gener- laws to overturn at least 15 or expand existing opera-
land on Friday: The United ally made the United States rules put in place by the tions, economists said. Continued on Page 2
Police say Canadian billionaire, wife apparently murdered

By ROB GILLIES Dec. 15. Police said then in fact targeted,” Gomes The day after the bodies by the family from the out-
Associated Press the deaths were suspicious, said. were found, some promi- set and is consistent with
TORONTO (AP) — Police but said there were no signs She said they were last nent news media outlets the findings of the indepen-
said Friday they believe of forced entry and they seen alive in the evening quoted unidentified po- dent autopsy and investi-
Canadian drug-company were not looking for sus- hours of Wednesday Dec. lice officials as saying the gation.
billionaire businessman pects. 13 and were not heard deaths appeared to be a “The family continues to
Barry Sherman and his wife Gomes said the two were from again until their bod- murder-suicide. support the Toronto Police
were both murdered. found hanging by belts ies were found late Friday That upset the couple’s Service in their efforts to
Det. Sgt. Susan Gomes said from a railing that surrounds morning. four adult children, who seek justice for their parents
investigators came to the their indoor pool and were Gomes said there are no then hired their own team and pursue those respon-
conclusion after six weeks in a semi-seated position signs of forced entry at ac- of investigators and a pa- sible for these unspeakable
of investigation, but said on the pool deck. cess points of the home. thologist, who conducted crimes,” the statement
there are no suspects. “We have sufficient evi- She declined to discuss the second autopsies on the added
The founder of generic dence to describe this as a evidence, possible motives Shermans. Police have released the
drugmaker Apotex and his double homicide investiga- or suspects. The family said in a state- home back to the family.
wife, Honey, were found tion and that both Honey “We haven’t developed ment Friday that the new Gomes noted their frustra-
dead in their mansion on and Barry Sherman were any suspects,” Gomes said. conclusion “was expressed tion with police.q