Vulnerable Senator Wants to Give Americans Thousands

Sen. Martha McSally has pitched a new bill that would give Americans a hefty financial incentive to take a vacation and revive the tourism industry that’s been hard-hit by the coronavirus pandemic.

The Arizona Republican introduced the American TRIP Act Monday that would give each American a $4,000 tax credit to take a trip. The vacation credit, retroactive to Jan. 1, would increase to $8,000 for joint tax filers, plus an additional $500 for dependent children.

“The tourism and hospitality industries were among the hardest-hit sectors across the country and their revival is critical to our economic recovery,” McSally said in a statement. “Arizona has lost billions in revenue this year alone due to the pandemic. 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.”

Americans would be eligible for the tax credit as long as they travel within the United States and its territories after Dec. 31, 2019, and before Jan. 1, 2022, according to the bill.

Continue reading at foxnews.com.

Loading...