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Friday, August 12, 2011

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. Read more

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