The new old hacks..

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Former Reagan administration economist Arthur Laffer has a new plan to shore up an economy that’s been ravaged by the coronavirus pandemic, which he laid out in an interview with Reuters published Wednesday.
Laffer, the designer of the Reagan-era tax cuts and a pioneer behind the controversial notion that slashing taxes unleashes economic growth, is calling for these three actions:

• Impose taxes on non-profit organizations that encourage the arts and education, among others.
  
• A 15% pay cut to the taxpayer-funded salaries of government officials and professors.
  
• Enact a payroll tax cut holiday for employees and businesses until the end of the year.
  

Laffer also told Reuters that he opposed to the recent expansion of unemployment aid under the $2 trillion coronavirus stimulus law. He argued it would actually serve to discourage people from working and inflict more pain on the economy.
“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.”

Laffer has been mentioned as a possible pick to head Trump’s second coronavirus task force focused on reopening the economy, Reuters said. And he’s pitched his plan to top White House officials..

A former Reagan economist wants to slash the salaries of professors and public officials — while simultaneously proposing tax cuts to stimulate the coronavirus-stricken economy

• Less people working, that was the whole idea. Social distancing..
  
• Laffer is a prime example of Voodoo economists keep on saying the same stuff irrespective of what evidence actually shows.