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NYC Lost $1.2 Billion in Tax Revenue as Tourism Plunged 73% During Pandemic

By Tyler Durden | 29 April 2021

ZERO HEDGE — As Europe rolls out a vaccine passport to try and support its tourism industry by any means necessary, New York City’s tourism industry is just showing its first signs of revival.

And with those who choose not to get vaccinated restricted from traveling abroad for the foreseeable future, domestic destinations like the Big Apple are excited by the prospect of a bigger-than-expected rebound. On that note, Bloomberg reports that the city’s tourism industry is just showing its first signs of revival, according to a report from the state Comptroller’s Office.

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1 Comment on NYC Lost $1.2 Billion in Tax Revenue as Tourism Plunged 73% During Pandemic

  1. Zio hedge puke! Like it’s not all planned. So the kosher Nostra destroys an area a state a country then buys it up for pennies on the dollar whil dolling out high interest unplayable loans ..hmmmm where have we seen this before?

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