What a terrible ideaThe $400 million Travel Promotion Fund, set to be created if the Senate passes the Travel Promotion Act (TPA) this week, is perhaps the perfect illustration of the disconnect between the American people and their representatives in Washington.
The bill would impose a $10 fee on foreign visitors to the United States and use the money to fund an international advertising campaign encouraging the world to travel here (Imagine: "Come to America, so we can tax you at the airport!"). The advertising fund would be controlled by leaders of America's tourism industry -- giant corporations such as Disney, Loews and Marriott. Keep in mind, those companies are not in distress -- they're thriving. Disney, for instance, posted profits of $4.4 billion last year, and bought Marvel Entertainment for $4 billion just last week.