Government taxation and revenue

FILE - In this Sunday, March 22, 2020, file photo, Gov. Gina Raimondo gives an update on the coronavirus during a news conference, in Providence, R.I. Many states have yet to spend the federal funding they got to help with soaring costs related to the coronavirus crisis, making it tougher for states and cities to argue that they need hundreds of billions more from U.S. taxpayers. “If I knew today that another billion dollars was coming to Rhode Island to help solve our budget deficit, I’d spend the $1.25 billion now,” Raimondo said about the state's portion of money. “Lots of other governors are spending. They’re taking a gamble, and I’m just not ready to do that yet.” (Kris Craig/Providence Journal via AP, Pool, File)
May 31, 2020 - 8:51 am
Many states have yet to spend the federal funding they received more than a month ago to help with soaring costs related to the coronavirus crisis, complicating governors' arguments that they need hundreds of billions more from U.S. taxpayers. The Associated Press reviewed plans from governors or...
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First grade teachers, Ellie Morgan, 25, left, Hannah Sprayberry, 28, right, pose for a portrait, and say they are taking around 5 per-cent pay cut on Thursday, May 28, 2020, in Fort Oglethorpe, Ga. With sharp declines in state spending projected because of the economic fallout from the COVID-19 pandemic, America's more than 13,000 local school systems are wrestling with the likelihood of big budget cuts. (AP Photo/Brynn Anderson)
May 30, 2020 - 7:13 am
ATLANTA (AP) — It was during the Great Recession when Catoosa County first shortened its school year, from 180 to 175 instructional days, as it began years of furloughs due to budget cuts. As a result of the coronavirus pandemic, the next school year will be shorter still, with only 170 classroom...
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FILE - This Feb. 10, 2020, file photo shows slot machines at the Hard Rock casino in Atlantic City,N.J., that are controlled by gamblers over the internet. The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits and look for new tax revenue wherever they can find it. (AP Photo/Wayne Parry, FIle)
May 29, 2020 - 11:12 am
ATLANTIC CITY, N.J. (AP) — The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits and look for new tax revenue wherever they can find it. Most major sports remain shut down due to the virus, but...
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This April 16, 2020 photo shows a real estate company sign that marks a home for sale in Harmony, Pa. U.S. new home sales plunged 15.4% in March as the lockdowns that began in the middle of the month began to rattle the housing market. The Commerce Department reported Thursday, April 23, that sales of new single-family homes dropped to a seasonally ajdjusted annual rate of 627,000 last month after sales had fallen 4.6% in February. (AP Photo/Keith Srakocic)
May 21, 2020 - 9:46 am
WASHINGTON (AP) — Sales of existing homes plunged 17.8% in April with the real estate market still in the grips of the coronavirus pandemic. The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the...
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FILE - In this Aug. 16, 2019 file photo, Puerto Rico Gov. Wanda Vazquez speaks during an interview with the Associated Press at the official residence La Fortaleza, in San Juan, Puerto Rico. Vazquez announced on Saturday, May 16, 2020, that she will hold a non-binding referendum in November to decide whether Puerto Rico should become a U.S. state. (AP Photo/Dennis M. Rivera Pichardo, File)
May 16, 2020 - 1:24 pm
SAN JUAN, Puerto Rico (AP) — Gov. Wanda Vázquez announced on Saturday that she will hold a nonbinding referendum in November to decide whether Puerto Rico should become a U.S. state, a move that comes amid growing disillusion with the island’s U.S. territorial status. For the first time in the...
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FILE - In this Sept. 18, 2017, file photo, two people sleep on a street in downtown Portland, Ore. Voters in metropolitan Portland will be asked Tuesday, May 19, 2020 to approve taxes on personal income and business profits that would raise $2.5 billion over a decade to fight homelessness even as Oregon grapples with the coronavirus pandemic and its worst recession in decades. (AP Photo/Ted S. Warren, File)
May 15, 2020 - 3:46 pm
PORTLAND, Ore. (AP) — Voters in metropolitan Portland, Oregon, will be asked Tuesday to approve taxes on personal income and business profits that would raise $2.5 billion over a decade to fight homelessness even as the state grapples with the coronavirus and its worst recession in years. The...
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House Speaker Nancy Pelosi of Calif., smiles during a news conference on Capitol Hill, Thursday, May 14, 2020, in Washington. (AP Photo/Andrew Harnik)
May 14, 2020 - 9:10 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi lashed out Thursday at Trump administration officials and congressional Republicans seeking to slow work on a fresh round of coronavirus relief. The White House responded minutes later with a threat that President Donald Trump would veto the $3 trillion...
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Mayor Michael Hancock listens as chief financial officer Brendan Hanlon speaks during a briefing in Denver on Thursday, May 14, 2020, on the state of the Denver's budget, city employee furloughs and the resumption of business after closures due to the coronavirus. (AAron Ontiveroz/The Denver Post via AP)
May 14, 2020 - 9:04 pm
DENVER (AP) — Denver Mayor Michael Hancock said Thursday that thousands of city employees, including himself, will be furloughed for eight days this year to help close what is expected to be a $226 million budget gap caused by the coronavirus, joining mayors across the country that have made the...
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A woman looks at signs at a store closed due to COVID-19 in Niles, Ill., Wednesday, May 13, 2020. (AP Photo/Nam Y. Huh)
May 14, 2020 - 4:04 pm
WASHINGTON (AP) — Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak forced more companies to slash jobs even though most states have begun to let some businesses reopen. Roughly 36 million people have now sought jobless aid in just the two...
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FILE - In this May 12, 2020, file photo, a teacher removes students’ artwork from a bulletin board as she packs the art in her kindergarten classroom at an elementary school in Olathe, Kan. The coronavirus is proving ruinous to state budgets, forcing many governments to consider once-unthinkable cuts to schools, universities, health care programs and a wide array of other basic functions. (AP Photo/Charlie Riedel, File)
May 13, 2020 - 9:00 pm
As the nation enters a third month of economic devastation, the coronavirus is proving ruinous to state budgets, forcing many governments to consider deep cuts to schools, universities, health care and other basic functions that would have been unthinkable just a few months ago. Many states expect...
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