
By Eric Stock
WASHINGTON – President Trump is expected to roll out a tax overhaul on Wednesday. The plan is intended to simplify the tax code and sharply cut what businesses and the wealthiest Americans pay.
U.S. Rep. Darin LaHood, R-Peoria, told WJBC’s Scott Laughlin the plans would also benefit the middle class which he said is something Democrats have said they want.
PODCAST: Listen to Scott’s interview with LaHood on WJBC.
“Many of the things that we are going to roll out tomorrow President Obama supported and talked about doing,” LaHood said. “I wish this didn’t turn into a partisan issue and I hope it doesn’t because there are going to be many provisions in there in the tax reforms that I think Democrats can support.”
LaHood contended those tax cuts will grow the economy. The plans haven’t specified how the plans would offset a drop in tax revenue.
North Korea
LaHood said North Korea leader Kim Jong-un must be taken seriously even though “his bark is worse than his bite.” LaHood cautioned against any military engagement even as rhetoric been the U.S. and North Korea has escalated.
“It does not end well for dictators and it is not going to end well for Kim Jong-un,” LaHood said. “I think that’s just a matter of time, but I think we have to be careful when you look at the collateral damage that can be done in South Korea.”
LaHood noted about 500,000 Americans live in South Korea. He said North Korea has ignored sanctions and international pressure and the U.S. must be prepared to remove Kim Jong-un at the appropriate time “through negotiation or otherwise.”
Eric Stock can be reached at [email protected].