ORLANDO, Fla. - As the tourism industry suffers amid the coronavirus pandemic, President Donald Trump has proposed an idea to give Americans a tax credit to be used toward a vacation to help boost the economy.
The president brought up the “Explore America” Tax Credit during a White House roundtable last month.According to Forbes, the proposal could give up to $4,000 to Americans for vacation expenses in the U.S. "at hotels, theme parks, restaurants, and other tourism-related businesses through the end of 2021.""The credit would cover up to 50% of a household’s total vacation expenses, up to a maximum of four grand," Forbes reported.RELATED: A second coronavirus payment may be coming.