
Why Martha McSally wants the government to pay for your next vacation
Professor of Economics Dennis Hoffman says the $4,000 tax credit proposed this week by Sen. Martha McSally, R-Ariz., won’t persuade those who feel unsafe to travel. But given the measure’s extended time frame through Jan. 1, 2022, he sees merit in the concept.
Professor of Economics Dennis Hoffman says the $4,000 tax credit proposed this week by Sen. Martha McSally, R-Ariz., won’t persuade those who feel unsafe to travel. But given the measure’s extended time frame through Jan. 1, 2022, he sees merit in the concept.
In this story published June 25, 2020, in The Arizona Republic:
Anything that can be done at the state level, at the federal level, to encourage people, when they feel comfortable to travel and to enjoy the sites, especially what a state like Arizona has to offer, I think it should be considered as part of any federal aid package.
– Professor of Economics Dennis Hoffman, who's the director of the L. Seidman Research Institute
Latest news
- Importers stockpile tequila, Phoenix bars brace for price hikes amid tariffs
An ASU economist discusses how tariffs will negatively impact consumers and restaurant owners.…
- Tariffs will hit consumers with the lowest incomes hardest. Here’s why.
Higher grocery prices could lead to health consequences for lower-income shoppers, says an ASU…
- Arizona businesses work to adjust to new Trump tariffs
A W. P.