Business History Books » Business Plans » Tax incentives
Tax incentives
Question:
Has anyone heard anything about proposed tax incentives to get people to travel more? I think it was in the form of a tax credit for anyone booking a trip during the holiday season. Marty
Response:
>Has anyone heard anything about proposed tax incentives to get people >to travel more? I think it was in the form of a tax credit for anyone >booking a trip during the holiday season.
Hi Marty, The tax incentive program is still going through the House and Senate process. It has not been passed yet. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Good Morning: There is current legislation pending that is intended to afford some assistance to the Travel Industry in general. One of the provisions is a $500.00 per person or $1000.00 per family allowance for direct travel expenses incurred. My personal opinion is that this will never make it to the floor for a vote in it’s present form. It will be stalled until it is no longer needed. Cal Ford Lido Deck Cruises 800-511-4417 – Hide quoted text — Show quoted text ->Has anyone heard anything about proposed tax incentives to get people >to travel more? I think it was in the form of a tax credit for anyone >booking a trip during the holiday season. >Marty
Response:
> It will be stalled until it is no longer needed.
Hi Cal, We should all live so long. <:+) Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Like it sould be !!
Response:
The main problem with it now is that as it was proposed it was from date of passage to the end of the year to get the credit, the longer they wait the less and less time that is for anybody to book travel during that time. I know for me personally, back a month or so ago I would have been much better to take advantage of any credit on an unplanned trip then I am now, there just isn’t time to make all the arrangements. If it does pass, unfortunately, it will probably apply mostly to people who already have trips planned, as there won’t be any time for new trips to be scheduled with the holidays and the rest, so it won’t serve to increase travel, only fund those who already have travel plans.
– Hide quoted text — Show quoted text -> Has anyone heard anything about proposed tax incentives to get people > to travel more? I think it was in the form of a tax credit for anyone > booking a trip during the holiday season. > Marty
Response:
says… >The main problem with it now is that as it was proposed it was from date of >passage to the end of the year to get the credit, the longer they wait the >less and less time that is for anybody to book travel during that time. I >know for me personally, back a month or so ago I would have been much better >to take advantage of any credit on an unplanned trip then I am now, there >just isn’t time to make all the arrangements. >If it does pass, unfortunately, it will probably apply mostly to people who >already have trips planned, as there won’t be any time for new trips to be >scheduled with the holidays and the rest, so it won’t serve to increase >travel, only fund those who already have travel plans.
It’s true that it would be incredibly restrictive. The bill itself says that it only covers travel and lodging expenses paid for and incurred after the law passage date and before the 1st of January. You could still book a weekend at a nice resort or B&B or hotel, or take the train into New York. I’d be in NYC in a heartbeat if it passes. Just think in one example, $150 each for train, easily $250 per night in hotel in NYC. Three nights would cost $1050 and would qualify us for the credit. I’ve even been looking for B&B’s in the mountains of Virginia, as a possibility. Diane
Response:
Actually, I could not do the New York vacation, I’m too close to New York (actually sitting in midtown as I type this) to have it be 100 miles from home or whatever the distance is. Don’t wait for a credit to come visit here, the trains can be a very good deal if you don’t take a Metroliner or an Accela (though they will be crowded) and hotels here are considerably less then that on weekends now, they need the business. Tickets for Broadway (except of course the huge mega hits) are very easy to obtain, no lines in restaurants, and concerts take a bit longer to sell out (There are still seats for Elton John, for example). It’s a great time to come
– Hide quoted text — Show quoted text – > says… >The main problem with it now is that as it was proposed it was from date of >passage to the end of the year to get the credit, the longer they wait the >less and less time that is for anybody to book travel during that time. I >know for me personally, back a month or so ago I would have been much better >to take advantage of any credit on an unplanned trip then I am now, there >just isn’t time to make all the arrangements. >If it does pass, unfortunately, it will probably apply mostly to people who >already have trips planned, as there won’t be any time for new trips to be >scheduled with the holidays and the rest, so it won’t serve to increase >travel, only fund those who already have travel plans. > It’s true that it would be incredibly restrictive. The bill itself says that it > only covers travel and lodging expenses paid for and incurred after the law > passage date and before the 1st of January. > You could still book a weekend at a nice resort or B&B or hotel, or take the > train into New York. I’d be in NYC in a heartbeat if it passes. > Just think in one example, $150 each for train, easily $250 per night in hotel > in NYC. Three nights would cost $1050 and would qualify us for the credit. > I’ve even been looking for B&B’s in the mountains of Virginia, as a possibility. > Diane
Response:
says… >Actually, I could not do the New York vacation, I’m too close to New York >(actually sitting in midtown as I type this) to have it be 100 miles from >home or whatever the distance is. >Don’t wait for a credit to come visit here, the trains can be a very good >deal if you don’t take a Metroliner or an Accela (though they will be >crowded) and hotels here are considerably less then that on weekends now, >they need the business. Tickets for Broadway (except of course the huge >mega hits) are very easy to obtain, no lines in restaurants, and concerts >take a bit longer to sell out (There are still seats for Elton John, for >example). It’s a great time to come
I can come to New York and you could come here to DC. We both need the people to return. We are considering a trip for early December no matter what the tax incentive bill does. I just need to get my work schedule straightened out. Diane – Hide quoted text — Show quoted text –
Response:
Diane, I last heard that the Waldorf was down to $145 per night, per room. Also the Russion Tea Room has instituted a $10 three course lunch. Lots of efforts to get people back to NYC.
Response:
Maybe if congress waits long enough they will extend the time period and my Feb 1st Horizon trip will qualify.
Response:
It is called HR 3140….and don’t expect anything to happen. This anthrax stuff has taken over everyone’s attention. Reports from the lobbyists are not very promising. Even with the reduced rates for cruises, hotels, etc. folks just want to stay home with their families. Have to say, this would be the year for booking one helluva New Year’s Eve package at the swankiest hotel you know!!! Babette
Response:
> The main problem with it now is that as it was proposed it was from date of > passage to the end of the year to get the credit, the longer they wait the > less and less time that is for anybody to book travel during that time.
The article I read this morning said that it would be good until the end of 2002. To me, the catch is that it is good for travel "in the United States" and that would eliminate a cruise for me as I live in Florida and do not need to fly to any of the cruise terminals so I don’t think I could use the credit, even if it came to pass.
Response:
Take an eastern itinerary and go to the U.S.V.I. Then you would be traveling more than the required distance. MrTractor
– Hide quoted text — Show quoted text -> The main problem with it now is that as it was proposed it was from date > of > passage to the end of the year to get the credit, the longer they wait the > less and less time that is for anybody to book travel during that time. > The article I read this morning said that it would be good until the end of > 2002. To me, the catch is that it is good for travel "in the United > States" and that would eliminate a cruise for me as I live in Florida and do > not need to fly to any of the cruise terminals so I don’t think I could use > the credit, even if it came to pass.
Response:
Sad but true……. MrTractor
– Hide quoted text — Show quoted text -> Congress is too busy giving big business > 25 billion in retroactive credits and giving > fatcats a lessened tax burden in the hope > of a fuzzy economic trickle down theory, > heaven forbid something would be done > that helps real people who are facing hard > times now!! > A travel credit would at least preserve jobs > and put cash into a devastated travel > industry to assist our nations airlines and > help real people who need it like waiters, > innkeepers, small restaurant owners, busboys, > dishwashers, travel agents etc, etc…. > The article I read this morning said that it would be good until > the end of 2002. > This would be a bit more realistic as I’m sure the > recession doesn’t recognize the coming of the > new year and things will take a while to get more > back to normal. >To me, the catch is that it is good for travel >"in the United States" > Being that it is the citizens of the US who would > essentially be financing this it is a perfectly fair > "catch". Too bad in case something is done > that people can no longer do the AMCV Hawaiian > cruises. > Daniel
Response:
>Too bad in case something is done >that people can no longer do the AMCV Hawaiian >cruises.
Hi Daniel, AMCV was in very deep trouble and this would have not saved this company, imo. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Thanks, all, for your responses. We’ll still be cruising, just hoping for a little more incentive! Marty
Response:
Yes, congress is and has been rather busy, in case no one has noticed. And also the administration and seems to me to be doing a great job considering what they are facing has never been faced or even contemplated before. Pls give them a break and let’s all pull together.
Response:
The tax rebate will only apply to cruises on US flag ships sailing in US waters. Inspector Gadget
Response:
>The tax rebate will only apply to cruises on US flag ships sailing in US >waters.
Hi Gadget, I have not seen the latest iteration of the proposed legislation but if this is true, there are darn few choices that meet this criteria. If it is still $500 when the legislation is enacted, then you can spend it on the air, transfers, prior-night hotel, etc. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
And getting fewer all the time with American Classic going belly up. Other than the Delta Queen, what other options are there for US flagged ships? MrTractor
– Hide quoted text — Show quoted text ->The tax rebate will only apply to cruises on US flag ships sailing in US >waters. > Hi Gadget, > I have not seen the latest iteration of the proposed legislation but > if this is true, there are darn few choices that meet this criteria. > If it is still $500 when the legislation is enacted, then you can > spend it on the air, transfers, prior-night hotel, etc. > Best regards, > Ray > LIGHTHOUSE TRAVEL > 800-719-9917 or 805-566-3905 > http://www.lighthousetravel.com
Response:
>Other >than the Delta Queen, what other options are there for US flagged ships?
Hi Jerry, There are lines such as Cruise West (all ships but one) and Glacier Bay Cruise Line. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Thanks Ray I knew you would have the scoop! MrTractor
– Hide quoted text — Show quoted text ->Other >than the Delta Queen, what other options are there for US flagged ships? > Hi Jerry, > There are lines such as Cruise West (all ships but one) and Glacier > Bay Cruise Line. > Best regards, > Ray > LIGHTHOUSE TRAVEL > 800-719-9917 or 805-566-3905 > http://www.lighthousetravel.com
Response:
– Hide quoted text — Show quoted text ->Other >than the Delta Queen, what other options are there for US flagged ships? >Hi Jerry, >There are lines such as Cruise West (all ships but one) and Glacier >Bay Cruise Line. >Best regards, >Ray >LIGHTHOUSE TRAVEL >800-719-9917 or 805-566-3905 >http://www.lighthousetravel.com
Ray, isn’t Clipper US-flagged?? Diane
Response:
>Ray, isn’t Clipper US-flagged??
Hi Diane, If you are referring to Clipper Cruise Line’s Clipper Adventurer and Clipper Odyssey, they are registered in the Bahamas. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Has anyone heard anything about proposed tax incentives to get people to travel more? I think it was in the form of a tax credit for anyone booking a trip during the holiday season. Marty
Response:
>Has anyone heard anything about proposed tax incentives to get people >to travel more? I think it was in the form of a tax credit for anyone >booking a trip during the holiday season.
Hi Marty, The tax incentive program is still going through the House and Senate process. It has not been passed yet. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Good Morning: There is current legislation pending that is intended to afford some assistance to the Travel Industry in general. One of the provisions is a $500.00 per person or $1000.00 per family allowance for direct travel expenses incurred. My personal opinion is that this will never make it to the floor for a vote in it’s present form. It will be stalled until it is no longer needed. Cal Ford Lido Deck Cruises 800-511-4417 – Hide quoted text — Show quoted text ->Has anyone heard anything about proposed tax incentives to get people >to travel more? I think it was in the form of a tax credit for anyone >booking a trip during the holiday season. >Marty
Response:
> It will be stalled until it is no longer needed.
Hi Cal, We should all live so long. <:+) Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Like it sould be !!
Response:
The main problem with it now is that as it was proposed it was from date of passage to the end of the year to get the credit, the longer they wait the less and less time that is for anybody to book travel during that time. I know for me personally, back a month or so ago I would have been much better to take advantage of any credit on an unplanned trip then I am now, there just isn’t time to make all the arrangements. If it does pass, unfortunately, it will probably apply mostly to people who already have trips planned, as there won’t be any time for new trips to be scheduled with the holidays and the rest, so it won’t serve to increase travel, only fund those who already have travel plans.
– Hide quoted text — Show quoted text -> Has anyone heard anything about proposed tax incentives to get people > to travel more? I think it was in the form of a tax credit for anyone > booking a trip during the holiday season. > Marty
Response:
says… >The main problem with it now is that as it was proposed it was from date of >passage to the end of the year to get the credit, the longer they wait the >less and less time that is for anybody to book travel during that time. I >know for me personally, back a month or so ago I would have been much better >to take advantage of any credit on an unplanned trip then I am now, there >just isn’t time to make all the arrangements. >If it does pass, unfortunately, it will probably apply mostly to people who >already have trips planned, as there won’t be any time for new trips to be >scheduled with the holidays and the rest, so it won’t serve to increase >travel, only fund those who already have travel plans.
It’s true that it would be incredibly restrictive. The bill itself says that it only covers travel and lodging expenses paid for and incurred after the law passage date and before the 1st of January. You could still book a weekend at a nice resort or B&B or hotel, or take the train into New York. I’d be in NYC in a heartbeat if it passes. Just think in one example, $150 each for train, easily $250 per night in hotel in NYC. Three nights would cost $1050 and would qualify us for the credit. I’ve even been looking for B&B’s in the mountains of Virginia, as a possibility. Diane
Response:
Actually, I could not do the New York vacation, I’m too close to New York (actually sitting in midtown as I type this) to have it be 100 miles from home or whatever the distance is. Don’t wait for a credit to come visit here, the trains can be a very good deal if you don’t take a Metroliner or an Accela (though they will be crowded) and hotels here are considerably less then that on weekends now, they need the business. Tickets for Broadway (except of course the huge mega hits) are very easy to obtain, no lines in restaurants, and concerts take a bit longer to sell out (There are still seats for Elton John, for example). It’s a great time to come
– Hide quoted text — Show quoted text – > says… >The main problem with it now is that as it was proposed it was from date of >passage to the end of the year to get the credit, the longer they wait the >less and less time that is for anybody to book travel during that time. I >know for me personally, back a month or so ago I would have been much better >to take advantage of any credit on an unplanned trip then I am now, there >just isn’t time to make all the arrangements. >If it does pass, unfortunately, it will probably apply mostly to people who >already have trips planned, as there won’t be any time for new trips to be >scheduled with the holidays and the rest, so it won’t serve to increase >travel, only fund those who already have travel plans. > It’s true that it would be incredibly restrictive. The bill itself says that it > only covers travel and lodging expenses paid for and incurred after the law > passage date and before the 1st of January. > You could still book a weekend at a nice resort or B&B or hotel, or take the > train into New York. I’d be in NYC in a heartbeat if it passes. > Just think in one example, $150 each for train, easily $250 per night in hotel > in NYC. Three nights would cost $1050 and would qualify us for the credit. > I’ve even been looking for B&B’s in the mountains of Virginia, as a possibility. > Diane
Response:
says… >Actually, I could not do the New York vacation, I’m too close to New York >(actually sitting in midtown as I type this) to have it be 100 miles from >home or whatever the distance is. >Don’t wait for a credit to come visit here, the trains can be a very good >deal if you don’t take a Metroliner or an Accela (though they will be >crowded) and hotels here are considerably less then that on weekends now, >they need the business. Tickets for Broadway (except of course the huge >mega hits) are very easy to obtain, no lines in restaurants, and concerts >take a bit longer to sell out (There are still seats for Elton John, for >example). It’s a great time to come
I can come to New York and you could come here to DC. We both need the people to return. We are considering a trip for early December no matter what the tax incentive bill does. I just need to get my work schedule straightened out. Diane – Hide quoted text — Show quoted text –
Response:
Diane, I last heard that the Waldorf was down to $145 per night, per room. Also the Russion Tea Room has instituted a $10 three course lunch. Lots of efforts to get people back to NYC.
Response:
Maybe if congress waits long enough they will extend the time period and my Feb 1st Horizon trip will qualify.
Response:
It is called HR 3140….and don’t expect anything to happen. This anthrax stuff has taken over everyone’s attention. Reports from the lobbyists are not very promising. Even with the reduced rates for cruises, hotels, etc. folks just want to stay home with their families. Have to say, this would be the year for booking one helluva New Year’s Eve package at the swankiest hotel you know!!! Babette
Response:
> The main problem with it now is that as it was proposed it was from date of > passage to the end of the year to get the credit, the longer they wait the > less and less time that is for anybody to book travel during that time.
The article I read this morning said that it would be good until the end of 2002. To me, the catch is that it is good for travel "in the United States" and that would eliminate a cruise for me as I live in Florida and do not need to fly to any of the cruise terminals so I don’t think I could use the credit, even if it came to pass.
Response:
Take an eastern itinerary and go to the U.S.V.I. Then you would be traveling more than the required distance. MrTractor
– Hide quoted text — Show quoted text -> The main problem with it now is that as it was proposed it was from date > of > passage to the end of the year to get the credit, the longer they wait the > less and less time that is for anybody to book travel during that time. > The article I read this morning said that it would be good until the end of > 2002. To me, the catch is that it is good for travel "in the United > States" and that would eliminate a cruise for me as I live in Florida and do > not need to fly to any of the cruise terminals so I don’t think I could use > the credit, even if it came to pass.
Response:
Sad but true……. MrTractor
– Hide quoted text — Show quoted text -> Congress is too busy giving big business > 25 billion in retroactive credits and giving > fatcats a lessened tax burden in the hope > of a fuzzy economic trickle down theory, > heaven forbid something would be done > that helps real people who are facing hard > times now!! > A travel credit would at least preserve jobs > and put cash into a devastated travel > industry to assist our nations airlines and > help real people who need it like waiters, > innkeepers, small restaurant owners, busboys, > dishwashers, travel agents etc, etc…. > The article I read this morning said that it would be good until > the end of 2002. > This would be a bit more realistic as I’m sure the > recession doesn’t recognize the coming of the > new year and things will take a while to get more > back to normal. >To me, the catch is that it is good for travel >"in the United States" > Being that it is the citizens of the US who would > essentially be financing this it is a perfectly fair > "catch". Too bad in case something is done > that people can no longer do the AMCV Hawaiian > cruises. > Daniel
Response:
>Too bad in case something is done >that people can no longer do the AMCV Hawaiian >cruises.
Hi Daniel, AMCV was in very deep trouble and this would have not saved this company, imo. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Thanks, all, for your responses. We’ll still be cruising, just hoping for a little more incentive! Marty
Response:
Yes, congress is and has been rather busy, in case no one has noticed. And also the administration and seems to me to be doing a great job considering what they are facing has never been faced or even contemplated before. Pls give them a break and let’s all pull together.
Response:
The tax rebate will only apply to cruises on US flag ships sailing in US waters. Inspector Gadget
Response:
>The tax rebate will only apply to cruises on US flag ships sailing in US >waters.
Hi Gadget, I have not seen the latest iteration of the proposed legislation but if this is true, there are darn few choices that meet this criteria. If it is still $500 when the legislation is enacted, then you can spend it on the air, transfers, prior-night hotel, etc. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
And getting fewer all the time with American Classic going belly up. Other than the Delta Queen, what other options are there for US flagged ships? MrTractor
– Hide quoted text — Show quoted text ->The tax rebate will only apply to cruises on US flag ships sailing in US >waters. > Hi Gadget, > I have not seen the latest iteration of the proposed legislation but > if this is true, there are darn few choices that meet this criteria. > If it is still $500 when the legislation is enacted, then you can > spend it on the air, transfers, prior-night hotel, etc. > Best regards, > Ray > LIGHTHOUSE TRAVEL > 800-719-9917 or 805-566-3905 > http://www.lighthousetravel.com
Response:
>Other >than the Delta Queen, what other options are there for US flagged ships?
Hi Jerry, There are lines such as Cruise West (all ships but one) and Glacier Bay Cruise Line. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com
Response:
Thanks Ray I knew you would have the scoop! MrTractor
– Hide quoted text — Show quoted text ->Other >than the Delta Queen, what other options are there for US flagged ships? > Hi Jerry, > There are lines such as Cruise West (all ships but one) and Glacier > Bay Cruise Line. > Best regards, > Ray > LIGHTHOUSE TRAVEL > 800-719-9917 or 805-566-3905 > http://www.lighthousetravel.com
Response:
– Hide quoted text — Show quoted text ->Other >than the Delta Queen, what other options are there for US flagged ships? >Hi Jerry, >There are lines such as Cruise West (all ships but one) and Glacier >Bay Cruise Line. >Best regards, >Ray >LIGHTHOUSE TRAVEL >800-719-9917 or 805-566-3905 >http://www.lighthousetravel.com
Ray, isn’t Clipper US-flagged?? Diane
Response:
>Ray, isn’t Clipper US-flagged??
Hi Diane, If you are referring to Clipper Cruise Line’s Clipper Adventurer and Clipper Odyssey, they are registered in the Bahamas. Best regards, Ray LIGHTHOUSE TRAVEL 800-719-9917 or 805-566-3905 http://www.lighthousetravel.com