A day ahead of Trump’s visit to Arizona, GOP Senator Martha McSally proposes giving taxpayers *$4,000 each* to take a vacation.

Couples would get $8,000 in vacation tax credits, plus $500 per kid.

McSally’s massive travel stimulus bill would require the travel to be within the United States but at least 50 miles from your principal residence.

You could use the money on travel to your vacation home, but not for vacation home lodging expenses.

The bill “will encourage Americans to safely get out of their homes and discover or rediscover Arizona along with the rest of the amazing destinations our country has to offer after a difficult several months stuck inside,” McSally said.

The bill would pay for your food, beverages, lodging, transportation and live entertainment events (including sporting events).

Note, were you to win a $4,000 vacay on, say, the Price is Right, you’d have to pay taxes on it, so this is a better deal.

Just some very rough arithmetic off top of my head, but if 100 million taxpayers took advantage of the $4,000 tax break that’d be $400 billion. And I think that many more would be want to do so.

I mean, who would want to turn down a free all expense paid vacation?

The bill doesn’t include an offset, so it would swell the deficit. I wonder what a dynamic score might look like though.

Also, the tax credit isn’t refundable. So if you don’t make enough to pay federal income taxes, you don’t get the free vacation.

It’s called the American TRIP Act:

American
Tax
Rebate and
Incentive
Program Act

As in, take A TRIP.

I find it interesting that Andrew Yang RT’ed this thread.

The program would end Dec. 31, 2021, and would be *retroactive* to Jan. 1, 2020. So I *think* that means you’d get two years of $4,000 tax credits?

Trump in May talked up the idea of an “Explore America” tax credit, which McSally’s bill resembles, as a boon to the hard-hit restaurant industry.

The U.S. Travel Association has been lobbying for a $4,000 travel tax credit.
Orlando Sentinel had this report last week: https://www.orlandosentinel.com/coronavirus/jobs-economy/os-ne-coronavirus-tourism-industry-tax-breaks-20200611-c67supauizcmjn7ze6rzrvpegq-story.html