The Fiscal Times: A ‘Wacky’ Tax Credit Idea: $4,000 for Vacation
media mentionMatthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, says that the loose requirements in the bill mean “that any car owner with an ounce of creativity should be able to gin up an excuse for taking a tax credit for every tank of gas they’ve purchased in 2020.” That, says Gardner, makes the bill “an invitation to tax avoidance.”