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World News Story States See 31 Billion Of Taxes Disappear Due To Covid Recession | RobinsPost News & Noticias

US states see $31 billion of taxes disappear due to Covid-19 recession - Deccan Herald


US states saw their tax revenue drop by about $31 billion, or 6%, from March through August, compared to the same period a year earlier, as the pandemic triggered economic shutdowns across the ... Read More

Covid-19 Has Cost States $31 Billion In Tax Revenue— And That’s Just The Beginning - Forbes


The global pandemic has so far cost U.S. state governments a collective $31 billion in lost tax revenues and it’s expected to get worse with no additional federal stimulus in sight. Read More

States brace for massive budget gaps in coronavirus recession - The Hill


A provision in the Families First Coronavirus Aid Package measure, signed into law last week, included $1 billion for state governments. President Trump’s emergency declaration will make $50 ... Read More

California Has Lost A Greater Share Of Revenue Than Most States Due To COVID-19 - NPR


Democratic Gov. Gavin Newsom also is asking for up to $14 billion in aid from Congress, arguing that "the federal government has a moral, ethical and economic obligation to help support the states." ... Read More

States see $31 billion of taxes disappear due to covid recession


U.S. states saw their tax revenue drop by about $31 billion, or 6%, from March through August, compared to the same period a year earlier, as the pandemic triggered economic shutdowns across the ... Read More


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