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This economist wants to cut worker salaries and tax nonprofits — and he might lead Trump’s ‘recovery’ effort

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Right-wing economist Art Laffer, the creator of the infamous “Laffer curve” that incorrectly claims that tax cuts inevitably lead to increases in revenue for the government, says he’s in contact with officials in President Donald Trump’s White House and is pitching them on ideas for ways to “restart” the economy later this year.

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In an interview with Reuters, Laffer gave a preview of potential coming attractions from the Trump administration as it seeks to reopen the American economy in the midst of the COVID-19 pandemic.

“Tax non-profits. Cut the pay of public officials and professors. Give businesses and workers who manage to hold on to their jobs a payroll tax holiday to the end of the year,” Reuters writes in summarizing Laffer’s proposals.

In addition to this, Laffer tells Reuters that he would like to slash unemployment benefits so that the millions of people who lost their jobs over the past three weeks don’t lose the incentive to find work.

“If you tax people who work and you pay people who don’t work, you will get less people working,” Laffer said. “If you make it more unattractive to be unemployed, then there’s an incentive to go look for another job faster.”

Read more about Laffer’s “recovery” ideas at this link.

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Here’s why a new rule could result in Trump losing his diploma from Wharton

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In 2019, a college admissions scandal rocked the country. Thus far it has resulted in 53 people being charged with cheating the system, paying for people to take standardized tests and paying their way into schools. Over the 7-year investigation, the FBI uncovered everyone from celebrities to wealthy families for conspiracy to commit felony mail fraud and honest services mail fraud.

In response to the scandal, the University of Pennsylvania announced that would revoke the degree of any graduate found to have given false information in an admission application, cheated on an exam or tempered with their records, The Daily Pennsylvanian reported.

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Gov. Ron DeSantis still won’t reveal true COID-19 data — so things are probably much worse

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Florida reached 213,000 coronavirus cases on Tuesday, as Gov. Ron DeSantis continues to encourage the state to reopen at all costs.

According to CNN's Randi Kaye, the numbers spell "trouble" for the state as it's GOP leaders are opting for a simplistic approach to reopening.

Just in the last 24 hours, they have had more than 1,600 people hospitalized for COVID," she cited. "In the last two weeks, the hospitalization haves gone up 90 percent. The ICU bed demand has gone up 86 percent, and the ventilator usage has gone up 127 percent. The governor is saying he's sending 100 nurses and 47 beds to Jackson Health because they need it so much. But at last check, we've noted that about 56 hospitals around the state have run out of ICU beds, which means they have no space for anyone who needs an ICU bed. This is really critical for Miami-Dade because they make up the 24 percent of the cases throughout the state, so they really need those hospital beds."

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Joe Shapiro — the man who took Trump’s SATs for him

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The University of Pennsylvania's Wharton School is being thrust into the spotlight after it was alleged that President Donald Trump was admitted after his sister did his homework for him and a friend named Joe Shapiro took his SATs.

In a new tell-all book by the president's niece, Mary Trump, it was revealed that the Penn grad wasn't quite the "genius" he has claimed to be. He announced he was "first in his class at Wharton," though he never was admitted to the prestigious MBA program at the school and he was never listed on the dean's list the year he graduated, the Penn student newspaper reported in 2017.

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