TedTAce
Topic Author
Posts: 9098
Joined: Sun Mar 27, 2005 12:31 am

Travel Costs US $15 Billion In Taxes, 200,000 Jobs

Wed Jan 24, 2007 5:31 am

http://www.msnbc.msn.com/id/16771983/

Quote:
Travel to U.S. off 17 percent since 9/11 attacks
Decline costs country $15 billion in taxes, 200,000 jobs, study finds

Discuss amongst yourselves....



[Edited 2007-01-23 21:31:26] Damn UBB, Jobs

[Edited 2007-01-23 21:42:07]
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speedbird747BA
Posts: 1312
Joined: Tue Sep 19, 2006 9:47 am

RE: Travel Costs US $15 Billion In Taxes, 200,000

Wed Jan 24, 2007 5:32 am

Quoting TedTAce (Thread starter):
Damn UBB

Can I get a amen? Aaaaaamen.

Cheers,
Kyle
How long do I have to climb, up on the side of this mountain of mine?
 
AirCop
Posts: 5553
Joined: Mon Nov 28, 2005 2:39 am

RE: Travel Costs US $15 Billion In Taxes, 200,000

Wed Jan 24, 2007 5:36 am

Cost of doing business with all these absurd security checks, visas etc that discourage individuals from spending their euros here. Somewhere down the line, the government will have to re-evaluate the cost-benefit of this security.
 
Banco
Posts: 14343
Joined: Mon Oct 29, 2001 11:56 pm

RE: Travel Costs US $15 Billion In Taxes, 200,000 Jobs

Wed Jan 24, 2007 5:47 am

Hmm. I'd like to know the breakdown of these figures in more detail.

In the immediate wake of the attacks, travel to the US plunged by 60 or 70% in some countries, and that took time to recover. There were falls even in the more robust travel industries (as far as travel to the US is concerned) of the UK and the Netherlands.

That would still register a drop over the five and a half year period in question, so dramatic and sudden was the fall. The build up to the Iraq War also had an impact on tourism to the US.

What I would like to see is a comparison of the figures for 2004-6, to see if travel to the States is recovering, or still struggling. That would be more informative.
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