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Trump wants tax breaks to encourage people to watch sports games and travel around the US. Here's why that could backfire as the pandemic rages

6 monthes ago   |   By Business Insider

President Trump is seeking tax breaks to encourage Americans to watch sports games and travel around the US in an effort to boost the economy and restore normalcy.
"We're looking at deductions for business expenses, restaurants, baseball games, if hopefully they're going to open," National Economic Council Director Larry Kudlow said last week. "Sightseeing, tourism - we're looking at tax deductions there, too, to help the economy get going."
But the measures don't address what's holding back the economy: the raging coronavirus pandemic and fear of infection.
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