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U.S. Is About To Lose $12.5B, California’s Entire Tourism Tax Revenue

U.S. Is About To Lose $12.5B, California’s Entire Tourism Tax Revenue

The U.S. is the only country among 184 global economies that is poised to lose a staggering $12.5 billion in international visitor spending this year. It is a 22.5% decline compared to 2024 and the equivalent of California’s annual travel-related state and local tax revenue.

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