Government taxation and revenue

FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
June 25, 2020 - 4:03 pm
WASHINGTON (AP) — Nearly 1.1 million coronavirus relief payments totaling some $1.4 billion went to dead people, a government watchdog reported Thursday. Legal and political issues hang over the misdirected taxpayer funds, the latest example of errors in massive aid being dispensed at crisis speed...
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FILE - In this June 23, 2020, file photo orange barriers enclose chairs and tables that will be used for dining along Sixth Street between Liberty and Penn avenues in downtown Pittsburgh. A report by Moody’s Analytics, a private sector economic research firm, released Wednesday, June 24, is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)
1010 WINS Newsroom
June 24, 2020 - 6:37 pm
WASHINGTON (AP) — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. But Wednesday’s report by Moody’s Analytics, a private...
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FILE - In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. Hundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars across the United States, and now the IRS is asking state officials to help claw back the cash that the federal tax agency says was mistakenly sent. (AP Photo/Eric Gay, File)
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June 24, 2020 - 1:01 pm
BOISE, Idaho (AP) — Hundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars across the United States, and now the IRS is asking state officials to help claw back the cash that the federal tax agency says was mistakenly sent. The legislation authorizing...
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Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as the viral outbreak keeps more people at home. (AP Photo/Keith Srakocic)
1010 WINS Newsroom
June 22, 2020 - 10:34 am
WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market. The National Association of Realtors said Monday that the monthly decline pushed sales down to a...
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Visitors wearing face masks to prevent the spread of the new coronavirus, take a selfie at the Hong Kong Disneyland on Thursday, June 18, 2020. Hong Kong Disneyland on Thursday opened its doors to visitors for the first time in nearly five months, at a reduced capacity and with social distancing measures in place. The theme park closed temporarily at the end of January due to the coronavirus outbreak, and is the second Disney-themed park to re-open worldwide, after Shanghai Disneyland. (AP Photo/Kin Cheung)
1010 WINS Newsroom
June 18, 2020 - 4:53 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: — Hong Kong Disneyland...
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In this picture taken on Thursday, June 11, 2020, Viktor Babariko, candidate presidential elections and the former head of Belgazprombank, speaks to media during a news conference in Minsk, Belarus. Belarusian authorities have taken control of a Russia-owned commercial bank that was led by a man who is now running to challenge Belarus’ authoritarian president. President Alexander Lukashenko, who is seeking a sixth term in the Aug. 9 election, has accused Belgazprombank chief executive Viktor Babariko of corruption and called him a “scoundrel.” (AP Photo/Sergei Grits)
1010 WINS Newsroom
June 18, 2020 - 12:06 pm
Belarusian authorities on Thursday detained the former head of a Russia-owned commercial bank who has emerged as the top challenger to Belarus’ authoritarian leader in the August election. President Alexander Lukashenko, who is seeking a sixth term in the Aug. 9 vote, has accused Belgazprombank...
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FILE - In this Wednesday, June 10, 2020 file photo, French Finance Minister Bruno Le Maire attends a press conference after the weekly cabinet meeting. France’s finance minister has called the withdrawal of the Trump administration from negotiations on a major digital services tax a “provocation.” Bruno Le Maire made the comment Thursday, June 18, 2020 on France Inter, saying France will still implement the tax. Le Maire was referring to a letter in which U.S. Treasury Secretary Steven Mnuchin told the finance ministers of France, Spain, Italy and the United Kingdom that he was suspending talks on the tax. The letter was first reported by the Financial Times. (Ludovic Marin, Pool via AP, File)
1010 WINS Newsroom
June 18, 2020 - 9:23 am
PARIS (AP) — European countries are slamming the Trump administration's withdrawal from negotiations on a major digital services tax. French Finance Minister Bruno Le Maire, speaking on France Inter, called it a “provocation” and said France will still implement the tax regardless of the U.S...
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German Chancellor Angela Merkel attends a special cabinet meeting of the German government about the a stimulus program to booster the German economy after the coronavirus lockdown, at the chancellery in Berlin, Germany, Friday, June 12, 2020. (AP Photo/Markus Schreiber, Pool)
1010 WINS Newsroom
June 12, 2020 - 6:31 am
BERLIN (AP) — Germany’s Cabinet has approved a temporary cut in value-added tax starting next month in a bid to boost consumer demand in Europe’s biggest economy, a centerpiece of the country’s 130 billion-euro ($148 billion) stimulus package. The finance minister made clear Friday that he doesn't...
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A shopper in a mask walks in front of a shuttered store in downtown Allentown, Pa., Friday, May 29, 2020. Unfilled potholes, uncollected trash, un-mowed grass and, most significantly, fewer cops on the street are some of what the city of Allentown, Pennsylvania, says it’s facing unless Washington helps it plug a multimillion-dollar budget hole left by the pandemic. (AP Photo/Matt Rourke)
1010 WINS Newsroom
June 10, 2020 - 3:17 pm
ALLENTOWN, Pa. (AP) — Unfilled potholes, uncollected trash, unmown grass and, most significantly, fewer police on the street are some of what Allentown says it’s contemplating unless Washington helps it plug a multimillion-dollar budget hole left by the coronavirus pandemic. Pennsylvania’s third-...
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FILE - In this Dec. 9, 2019, file photo mist rolls over the U.S. Capitol dome on Capitol Hill in Washington. The federal government recorded a budget deficit of $1.88 trillion for the first eight months of 2020, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue shrank when millions lost their jobs. (AP Photo/Patrick Semansky, File)
1010 WINS Newsroom
June 10, 2020 - 3:09 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue...
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