GOP bill would give taxpayers $4,000 to take a vacation anywhere in the US through 2021 - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.A new bill from GOP senator Martha McSally would encourage people to travel around the US by effectively paying them $4,000.

But experts say low-income people would be left out of the plan since they're not required to file taxes.Visit Business Insider's homepage for more storiesA new Republican bill would give each American a $4,000 to take a vacation anywhere in the US through the end of next year., called the American Tax Rebate and Incentive Program Act, or the American TRIP Act.

It would apply to trips taken between December 31, 2019, and January 1, 2022, meaning people could write off a vacation taken earlier this year. The tax credit would apply only to journeys that are 50 miles beyond a taxpayer's "principal residence.

"My legislation will help boost domestic travel and jumpstart the comeback of our hotels, entertainment sectors, local tourism agencies, and the thousands of businesses that make Arizona one of the best places in the world to visit," she said.

My LIFE is worth more than $4000 to me..

Me thinks this money could have been used in universal healthcare/insurance?

Aww us

Actually better than giving large companies cash directly. Because by giving it to the people, it gets spent at several levels before it reaches the large companies. So you get 1000 dollars. You buy airline tickets, hotel food, entertainment. Then those outfits spend it too.

Buying votes with taxpayer dollars is usually a Democrat tactic. I'm disappointed in SenMcSallyAZ. The only people who will benefit are well-paid workers who have the time to travel & the tourist industries. Hard-working Americans shouldn't have to pay for others' vacations.

Travelling during a pandemic 😳 Not available to people in lower incomes 😒 . Ridiculous. So they want to give money to people, only if they travel, but won’t give people money to pay their rent or buy food for their families. How messed up is that?

I rather 4000 cash

As long as it's not 'Alaska' we do not want Americans in Canada for now. Sorry American friends.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

An inside look at Stanford's mental health innovation course - Business InsiderAn inside look at Stanford's one-of-a-kind course on mental health innovation, where students mingle with industry experts and develop business plans aimed at revolutionizing the healthcare industry (by AnikaNayak)
Source: BusinessInsider - 🏆 729. / 51 Read more »

US banks seek guidance on PPP loan forgiveness - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

5 ways to help your kids build mental strength during summer vacation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bill Ackman's 'blank check' company is looking to raise $6.45 billion - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I can’t wait until he buys my Sanitation-as-a-Service robo-taxi cleaning company. We’re pre-revenue but taking deposits now Stonks only go up! inverselogic wallstreet MondayVibes Great! Which company’s shares are up for ‘attempted’ manipulation, next?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bill Ackman: here's what we look for in new hires at Pershing Square - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stop taking police solely at their word - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. anthonyLfisher Its been shown consistently that they lie and defend corruption until the end, the gang silences opposition and ensures compliance. anthonyLfisher I agree 💯. Putting on the uniform doesn’t make you a saint. anthonyLfisher For sure, 👨🏾👩🏽 know this all too well.
Source: BusinessInsider - 🏆 729. / 51 Read more »