The pandemic is affecting states unequally, too
The story of the coronavirus economy has been one of inequality — for people, businesses and even states. Many state governments have been taking in less tax revenue ever since the pandemic closed businesses and schools, and millions lost their jobs. But in 22 states, tax revenue has actually increased during the pandemic. On today’s show: How high-income taxpayers are helping some states make it through the COVID-19 pandemic. Plus, Texas’ largest electricity co-op is filing for bankruptcy, and rental relief is taking a while to get to those who need it.