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Kentucky Gives Creationist Theme Park 75 Percent Tax Discount For The Next 30 Years

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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 08:36 AM
Original message
Kentucky Gives Creationist Theme Park 75 Percent Tax Discount For The Next 30 Years
Kentucky Gives Creationist Theme Park 75 Percent Tax Discount For The Next 30 Years

In May, ThinkProgress reported that Kentucky approved a $43 million tax break for Ark Encounter, a Bible-themed amusement park that religious organizations are building outside Williamstown. Now the state is giving the creationist project another kickback in the form of a 75 percent property tax discount over the next 30 years:

Mayor Rick Skinner said the offer is laid out in a memorandum of agreement that will be followed by a formal tax-increment financing deal with Petersburg-based Ark Encounters LLC in coming months.

The tax deal is in addition to almost $200,000 given to the company by Grant County’s economic development arm as an enticement to keep the project located there, along with 100 acres of reduced-price land.

And that’s not counting the state’s promise of $40 million worth of sales tax rebates and a possible $11 million in improvements to the interstate near the project that would be financed by the Kentucky Transportation Cabinet.

http://thinkprogress.org/politics/2011/08/10/292379/kentucky-gives-creationist-theme-park-75-percent-tax-discount-for-the-next-30-years/
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Bake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 08:48 AM
Response to Original message
1. It makes me want to barf
But they did it in the interest of "economic development."

Sigh.

Bake
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 08:54 AM
Response to Original message
2. I can't wait to ride the Man-on-Brontosaurus Coaster !!!
Edited on Fri Aug-12-11 08:54 AM by marmar


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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:04 AM
Response to Reply #2
5. Man on brontosaurus? Is it sponsored by Rick Santorum
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existentialist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 08:57 AM
Response to Original message
3. Do we have an entanglement of state and religion here boys and girls?
Do we also have a certifiable refutation of the maxim (and legal fiction) regarding the "wisdom of the legislature?"
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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:24 AM
Response to Reply #3
7. Yes, I believe we do, and it's disgusting.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:03 AM
Response to Original message
4. What happened to the free market system the republicans
go on about all the time??
I guess if you are a business the state will give you everything free
If I was a business in Kentucky I would go to the legislature and demand the same tax breaks
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Ezlivin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:09 AM
Response to Original message
6. How much of a tax break will RamadanLand get?
Or don't Muslim theme parks count?

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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:25 AM
Response to Original message
8. Sorry, but if I was Jesus I would want that tax money available to help feed to the poor.
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:27 AM
Response to Original message
9. But think of all the fools soon to be separated from their money this will draw to the area!
Seems like a brilliant move to me. I'd like to get the magic beans concession just outside the park...
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_ed_ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 10:32 AM
Response to Original message
10. Kentucky subsidizes Monument to Ignorance
Is it really 2011?
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