A Tax Credit for Traveling? Yes, Please!
Yes, you read that right! If a group of lobbyists gets their way with their “Explore America” tax credit, you and your family might be eligible up to $4,000 in tax breaks just for traveling!
Members of a hotel, theme park, and other tourism lobbyist groups are collaborating on a plan that will essentially pay Americans to travel. This would help boost the bottom line of theme parks like Walt Disney World, hotels, tourism companies, and us travel agents! And, of course, help us all save money on our next, much needed vacation.
The tourism industry has been hit hard by the COVID-19 pandemic. One of the most hard hit places in the country in terms of unemployment is Orlando due to many residents having jobs in the hospitality industry. Getting people back in the parks and back traveling is bound to help out those who are currently struggling financially.
Per the Orlando Sentinel, Tori Emerson Barnes, who is a lobbyist for the U.S. Travel Association, stated, “Right now, our businesses need relief. But ultimately, we’ll need recovery.” The Walt Disney Company and Universal Parks & Resorts are members of the U.S. Travel Association.
It is also being reported, as a hotel owner himself, President Trump is a big fan of the tax credit for traveling. Lobbyists are already in talks with members of Congress and those who work alongside President Trump to lock down the specifics of the plan. Right now, it is looking like the credit would be up to $4,000 per household to cover domestic travel expenses until the end of 2021.
If you received up to $4,000 in tax credits just for traveling are you ready to get back out there and travel? If so, how soon? Let us know in the comments below!
Let’s start planning your visit to Walt Disney World or Universal to spur the economy! Are you a teacher or someone on the front lines battling the virus? Fill out the form below or send an email to Holly@MickeyTravels.com for a FREE, no-obligation quote to book your Disney vacation. Plus, if you are a teacher or someone on the front lines fighting this virus, you will receive a Disney Gift Card when you book your Disney vacation package* with me by June 15, 2020. As an agent with MickeyTravels (a Platinum Earmarked Agency), I will be on hand to help you with everything from finding your perfect package and I offer rate monitoring to ensure you are receiving the best rate available by Disney. I work with all Disney Destinations and destinations outside of Disney. Best of all, my services are absolutely FREE. Get in touch via email at Holly@MickeyTravels.com or calling 954.401.9577. Also, make sure to CLICK HERE to follow along with my Facebook page for all things Disney and giveaways!
*Vacation package must be a minimum of 3 nights with a 3-day ticket