i stand because argonne again khan the parliament may have grown but the percentage of women has shrunk the new bundestag has the lowest percentage of female politicians and more than twenty yes a deficit which is particularly acute in the a.f.d. the f.t.p. and surprisingly enough christian democrats. he wanted you to be news coming up next is helena with business you should be looking at us tax reforms so do stay with us if you can. she's long been a symbol of hope in syria. trying to help people. on sun does she

stand for change. or the false facade of her husband's rule with china. he believes in what the syrian regime is doing believes in this. projection that that they are saving syria by small time the beautiful face of the dictatorship starting october first on d w. look at the. u.s. president donald trump unveils his long awaited tax plan he wants drastic rate cuts across the board sounds good but just how will he pay for it. also

coming up ryanair in a tailspin the budget airline cancels thousands more flights and just how much should the carrier have to shell out in customer compensation. based is your business update on helena humphrey in a bun and thanks for joining me u.s. president donald trump has unveiled his long awaited tax plan analysts say it is sure. on detail but it looks set to benefit the wealthy and middle income families but whether that money would end up trickling down to low income american workers is not yet clear one change that is already apparent though a drastic tax cut the corporation's let's take a listen now to how the president outlined that part of the proposed tax overhaul. we're doing everything we can to reduce the tax burden on you and your family by eliminating tax breaks and loopholes we will ensure that the benefits are focused on the middle class the working men and women not the highest income

earners under our framework we will dramatically cut the business tax rate so that american companies and american workers can be our foreign competitors and start winning again oh i see you just heard it there that is the plan for big companies the corporate tax rate going from around thirty five percent to twenty percent smaller businesses will also see a cap on their taxes the problem is though a lot of them are already in a lower bracket and they're feeling left out by trump's reform plans. lowering costs see opened his bicycle sale of repair shop in washington d.c. five years ago business is going well so well in fact that he's about to move to bigger premises along with his five employees but despite lauren success his company doesn't make enough money to benefit from trump's tax plans mom and pop shops on main street are not the ones that are going to be affected by this from my

reading of what the bill might be so it's going to be much larger businesses that are able to sort of benefit from the deductions that they will be able to take and the lower tax rate i don't think it's going to hit the people that you think of as small businesses so who would get a tax cut doctors investment bankers and high turnover companies for example and what's more the new proposals would also cut corporate tax republican supporters have long argued that giving tax breaks to big business will boost the u.s. economy they also say that cuts on everything there's other reforms through tax and they were talking about tax reform they're important full expensing making the tax code simpler easier to pay if they are to hire out accountant these are all benefits that help both small and big business. but as far as lauren is concerned the cuts do matter reducing costs for larger companies inevitably increases

competition for businesses like his the margins for small businesses are so so slim our profits are not huge you know we all want to be able to make a decent living but those that are making outrageously large profits i think that maybe there should be a little bit more tax burden on them. the republican proposal would make sweeping changes to the tax code but it wouldn't change much follower and bike shop. and to unpack the president's tax plan and now i'm joined in the studio by professor owen caller from the free university of berlin lovely to see you this morning now this document has been billed as a framework more than a plan and he's promised relief for companies what does that mean specifically. the companies are interested in the net that they're getting from increased sales in the future when economic growth brings about new sales it's going to be in the first instance the net income coming to the corporation that will be important for

making these investment decisions if you're willing to invest more if you know there's going to be more sugar if we can call the extra profits sugar if that's offered so that's the theory behind everything but corporations are not people they're owned by people corporate income goes to people who own stock and it's roughly the top. thirty percent of the population on the very overwhelming majority of stock so one looks at that as as much a redistribution as it is an incentive for further increased investment in dayton we know that we could see the corporation tax potentially go from an average of around thirty five percent down to twenty percent potentially guaranteed food for the wealthy the middle class could also they be lifted through some of these tax proposals but my question is i'm wondering what about lower income people and

families in america right now it looks like there's going to be essentially a sop a little bit could be coming out but when you hear a doubling of the standard deduction what is happening is a merger of what's called the personal exemption with the standard deduction so from the point of view of the small. poor family there might be a fifteen percent increase in this deduction which means a tax saving but it's it's peanuts compared to dropping for instance the personal tax rate for these so-called passthrough companies by the way the trump organization is a passthrough company and that would be an income tax rate of twenty five percent what are the chances that this reform well that she'd be implemented. let's just say better than i think the repeal of obamacare with the repeal of obamacare was possible to mobilize people who directly suffer the cuts the way this is all

packaged is the necessary spending cuts will come in the future so the victims if you will or those people paying the cost of this tax reform will be mobilizing yet . when do stay with us because i want to get your insights on a nother topic now and that is the much maligned german u.s. trade imbalance now the american chamber of commerce in germany has updated its list of the biggest american companies and their sales last year and i want to have a look at the top five now because topping the list is comic food with sales of over twenty two billion dollars followed by opel which has since been sold to french auto group p s a then amazon with sales ringing in at over thirteen billion dollars followed by energy giant exxon mobil and general electric so all in all business seems good for american companies in germany with sales up three point two percent last year now and president trump regularly complains about the u.s.

getting the short end of the stick when it comes to trade but u.s. companies judging by those numbers seem to be touring quite well abroad don't they actually they are and trade between the united states and germany is healthy kind of trade the problem with the trump critique is that it sees everything in this bilateral context and it's also missing the fact that what we have is an imbalance between domestic investment and domestic saving the domestic investment in germany is low in the domestic savings is high in the united states it's precisely the opposite it's these macro economic imbalances that's the problem it's not something about the toughness of competition the fairness of competition that's not what's driving these imbalances oh and from the free university of berlin thank you very much to be here. ryan

it hasn't pulled out of its tail fin just yet in fact things have got even worse for the budget airline it's announced it's counseling another eighteen thousand flights between november and mall this month ryanair announced it was pulling up to fifty flights a day through the end of october after a quote messed up the planning of pilot holidays. even relieved passengers whose flights haven't been canceled might think twice about booking ryanair in the future what started as a mere debacle has turned into a public relations nightmare for founder michael o'leary at a press conference last week after the first round of cancellations he admitted serious mistakes have been made but does that mean that from time to time we don't make mess ups and we do with this is clearly a mess up i take responsibility for the mess that it is my mess up and therefore i have to clean it up. o'leary apparently has a lot more cleaning up to do than anyone guessed the new round of cancellations this winter will affect up to four hundred thousand more passengers after

a meeting with shareholders a week ago one expressed what many now say is the root of the problem of the bad relationship in him and pilots in general and that's where the pilots are coming back to him now and not meeting him halfway the airline however claims it has no deeper problems with pilots and blames the chaos on a new rostering system but the relationship can't be very cordial most ryanair pilots have rejected the offer of a twelve thousand euro bonus if they would agree to work just ten extra days and stay on for a year and according to the irish airline pilots association that was to be expected it says ryanair has fostered a culture of disrespect and fear among staff well audio i asked all financial correspondent con about abuse and just how much this mistake could end up costing the carrier. well the estimates for how much this might cost at about sixteen

million euros this includes the vouchers that ryan air was giving out to its passengers and the costs for the pilots given that ryan is expected to have a profit this year of up to one of the house bidding us this amount now shouldn't be a big problem but what could amount to a big problem for ryan and that the company used now facing criticism from the cia the civil aviation authority in the united kingdom that's the supervisor of the airline sector and it says that ryan then might have broken the lol in the way it handled the problems during the recent weeks. that's it you're up to date with the natives from the world all the business more find us on facebook follow us on twitter on the school business on that as well head on the sea humphrey is my handle by now.

an infant and boss has said khan's parents are both journalists both have been detained in texas prison but the two year old lives with his mother and is

sometimes permitted to visit his father. listen calms my every intention all. night long d.w. . enjoy the conflict zone fronting the powerful. this week conflict zone isn't a limb and my guess is a judgment call a titian on that means he is a member of the european parliament and the social democrats who have just suffered this dummy defeat know that the votes are counted as germany had. the folks in sixty minutes t.w. . he takes it personally i do it with all the wonderful people in stories that make the game so special. for all true fans for my. lack of more than football

on line. d.w. church diversity. where the world of science is at home in many languages. on the program bingo and there is a. show there with us in our innovations magazine for any. of us from every week and always looking to the future fund d w dot com science and research for asia. hello and welcome to focus on europe i michelle henery once the dust settle.