Politics Trump proposing giving a $4000 tax deduction for domestic travel

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SlyPokerDog

SlyPokerDog

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Donald Trump's economic adviser Larry Kudlow has vowed to end $600 unemployment checks distributed as a result of COVID-19, calling them a 'disincentive to work' after the president proposed giving Americans a $4,000 tax deduction for domestic travel.

...

His remarks come after Trump proposed giving Americans a tax deduction for domestic travel that he says can help stimulate the economy after the impacts of the coronavirus pandemic.

The president mentioned his 'Explore America' idea during a roundtable meeting with travel and restaurant industry leaders last month.

'Create an 'Explore America' — that's 'Explore,' right? Explore America tax credit that Americans can use for domestic travel, including visits to restaurants. That's a big deal.

The tax deduction would be applicable for vacation stays at hotels, and even could be applied for eating at restaurants, the president said, according to a transcript.

Americans would be able to claim up to $4,000 tax deductions under the plan, the US Sun reports.

https://www.dailymail.co.uk/news/ar...dit-amid-calls-end-600-unemployment-2000.html
 
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Domestic travel to restaurants. Explore your local Cheesecake Factory.
 
SlyPokerDog said:
Donald Trump's economic adviser Larry Kudlow has vowed to end $600 unemployment checks distributed as a result of COVID-19, calling them a 'disincentive to work' after the president proposed giving Americans a $4,000 tax deduction for domestic travel.

...

His remarks come after Trump proposed giving Americans a tax deduction for domestic travel that he says can help stimulate the economy after the impacts of the coronavirus pandemic.

The president mentioned his 'Explore America' idea during a roundtable meeting with travel and restaurant industry leaders last month.

'Create an 'Explore America' — that's 'Explore,' right? Explore America tax credit that Americans can use for domestic travel, including visits to restaurants. That's a big deal.

The tax deduction would be applicable for vacation stays at hotels, and even could be applied for eating at restaurants, the president said, according to a transcript.

Americans would be able to claim up to $4,000 tax deductions under the plan, the US Sun reports.

https://www.dailymail.co.uk/news/ar...dit-amid-calls-end-600-unemployment-2000.html
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Since it's nearly impossible for me to travel, I'd be eating in some pretty expensive restaurants.
 
First, I love to travel, so if enacted, this would likely be the first Trump decision that will actually work in my favor, so, yeah.

But, travel to a restaurant? I suggest we only do it if it goes to black owned Soul food restaurants or taco stands.

Do we get it if Grubhub needs to travel with our food from the restaurant - because of the pandemic, yo?
 
I can't believe Republicans actually support shit like this. It's why I think Trump voters are more in alignment with racism and xenophobia than true conservative politics. Y'all just full of shit.
 
ripcity67 said:
It would also work for Democrats going to their rallies
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none scheduled that i am aware of.

  • “It’s kind of like an addiction”: On the road with Trump’s rally diehards


“It’s kind of like an addiction”: On the road with Trump’s rally diehards


“You go to the rallies, and he basically tells you that you don’t have to put up with ‘the swamp’ and those kinds of people,” said Saundra Kiczenski, a 40-year-old Walmart worker from Michigan who has been to 29 rallies. “Because of him I decided not to pay for Obamacare, not pay the fine. And what happened? Nothing. Before, the quiet me would have paid the fine. But Donald Trump told me that we have a voice, and now I stand up for myself.”

The Trump rally die-hards—a few dozen men and women who have been to more than 10 rallies—are almost exclusively white. Many are recently retired with time on their hands and little to keep them tied to home. A handful never had children. Others are estranged from their families…

All of them describe, in different ways, a euphoric flow of emotions between themselves and the president, a sort of adrenaline-fueled, psychic cleansing that follows 90 minutes of chanting and cheering with 15,000 other like-minded Trump junkies.

“Once you start going, it’s kind of like an addiction, honestly,” said April Owens, a 49-year-old financial manager in Kingsport, Tenn., who has been to 11 rallies. “I love the energy. I wouldn’t stand in line for 26 hours to see any rock band. He’s the only person I would do this for, and I’ll be here as many times as I can.”


https://thismorningwithgordondeal.c...Trumps-Rally-Diehards/971719377824074514.html
 
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lol....blow another hole in the budget and increase the unbelievable national debt in order to encourage people to visit trump resorts and stay at trump hotels.

it seems such an inefficient way to leverage tax deductions and stimulate the economy
 
He should reward his supporters and encourage them to attend his rallies by offering a tax deduction for contracting Covid.

barfo
 
barfo said:
He should reward his supporters and encourage them to attend his rallies by offering a tax deduction for contracting Covid.

barfo
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Id give the protesters a much higher tax deduction fro help with herd immunity.
 
2 things:

If $600/week is "disincentive to work" and people are making more doing that than from their actual job, maybe take a harder look at helping people make a living wage. Shocking. (Unemployment is, after all, mostly for people who, you know, lost their job in a, well - you know - pandemic.)

2) trump is a fucking moron. A tax deduction? So they have to have the money up front? I mean, unless im totally off base, tax deductions come at the end, yes? We cant just take it right then.. I just can't. I literally can't.
 
andalusian said:
Does it also work for Antifa (I mean white supremacists) travelling to looting sites?
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was meant as a joke, but sure why not? one would hope that the protests' violence will fade out soon though, but until the election the rallies are likely to continue. doubt that the violent protesters are much inspired by potential tax breaks.might some of the white supremacists you mention also be rally attendees if the demographics of the presidents base are accurate as reported?.
 
EL PRESIDENTE said:
Hopefully it will expire end of July. Aiming for September trip.
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united from san fransisco returns to the kona airport in under 2 weeks. the short term vacation rental moratorium is unlikely to be lifted by then though. pre flight testing negative 72 hours before departure seems to be the preferred model of governor Ige in order to avoid the quarantine though the policy isn't yet finalized.
 
Strenuus said:
2 things:

If $600/week is "disincentive to work" and people are making more doing that than from their actual job, maybe take a harder look at helping people make a living wage. Shocking. (Unemployment is, after all, mostly for people who, you know, lost their job in a, well - you know - pandemic.)

2) trump is a fucking moron. A tax deduction? So they have to have the money up front? I mean, unless im totally off base, tax deductions come at the end, yes? We cant just take it right then.. I just can't. I literally can't.
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well of course it makes sense to trump as it will mostly benefit those with money.
 
Hoopguru said:
Id give the protesters a much higher tax deduction fro help with herd immunity.
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Trump supporters at his Trump rally will get the reward they so richly deserve after Saturday, June 20th.
 
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