Claim: Americans could get a $4,000 tax credit for domestic travel as part of the next stimulus check.Lawmakers are now considering a second round of relief funding for Americans as coronavirus-related restrictions extend into the summer months and states across the country record climbing case numbers.during a roundtable discussion with restaurant executives on May 18, would give Americans willing to travel domestically over the next few months a tax credit to do so.
The June 15 article, written by Janine Phakdeetham, states the plan could help reinvigorate the economy by giving people up to $4,000 in credits for domestic travel-related expenses, such as hotel bookings or meals at restaurants. The U.S. Sun is an American version of the British tabloid The Sun, published by“The credit period would last up through the end of 2021,” the article said.The U.S.
“To reduce the time it takes to get to full recovery, Congress should create a new tax credit to encourage domestic business and leisure travelers to travel within a specified time frame, similar to what was done through the homebuyer tax credit in the wake of the housing crisis,” the document stated.Tori Emerson Barnes, executive vice president of public affairs and policy at the U.S.
“In 2019, we had 15.9 million travel related jobs, and as of May 1st, we've lost 8.1 million jobs,” Emerson Barnes told USA TODAY. “So it's quite, quite significant.”
This is a DUMB plan. We should not be incentivizing the spreading of the virus.
A handout for the wealthy. Nobody who actually needs help benefits from this.
This is stupid.
POTUS should stick with his idea of Stimulus staying as stimulus. A tax credit for travel could create more COVID cases from other parts of the continents. I certainly agree that the stimulus should pay more. It would benefit smaller businesses.
Why would you want to encourage travel during a pandemic...
realDonaldTrump how about travel or for vehicle repair.