Wednesday, June 25, 2008

Negislation

Promoting travel by making it more expensive:
[T]he conversation turned to a piece of legislation that’s being pushed hard by lobbyists for big players in the tourism industry, the so-called Travel Promotion Act. The Act is supposed to create a $200 million fund to promote tourism, by levying a charge on visitors to the US. The charge is non-trivial – the estimates I heard suggested that in order to raise $10 a head to give to the travel industry’s promotional fund, the government will likely have to impose a total fee of $25 to cover administrative overheads.