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Preliminary OK for Noah's Ark Park Tax Breaks; Green Light for Speedway for NASCAR Race (KY)
Lexington Herald-Leader ^ | Dec. 21, 2010 | Beth Musgrave

Posted on 12/23/2010 8:17:43 AM PST by berserker

A state tourism board gave preliminary approval Monday for a religious theme park to apply for up to $37 million in state tax incentives. The Kentucky Tourism Development Finance Authority also gave final approval Monday for the Kentucky Speedway to collect up to $20.5 million in sales tax breaks over 10 years. The deal will allow the Northern Kentucky race track to recoup up to 25 percent of the $82 million it is spending on an expansion that will allow it to host a NASCAR Sprint Cup race.

(Excerpt) Read more at kentucky.com ...


TOPICS: Business/Economy; News/Current Events; US: Kentucky
KEYWORDS: kentucky; nascar; noahsark; taxbreak
more questionable government handouts
1 posted on 12/23/2010 8:17:50 AM PST by berserker
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To: berserker

More twisted socialism and fake government jobs....all while setting up senior citizens and Medicare for a big fall.

Sick bastards.


2 posted on 12/23/2010 8:19:53 AM PST by EagleUSA
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To: berserker

I got a feeling this is going to backfire on them. They are not going to get near the revenue they think they will.

Brian France is driving NASCAR into the wall with all the diversity, green crap they are introducing and the Race to the Chase sucks too!


3 posted on 12/23/2010 8:39:02 AM PST by 23 Everest (A gun in hand is better than a cop on the phone.)
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To: berserker

These took one of the two races we had in Atlanta. I hope it fails so we can get back our spring race.


4 posted on 12/23/2010 8:45:11 AM PST by Dacula (Proud husband of a Breast Cancer survivor.)
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To: 23 Everest
Brian France is driving NASCAR into the wall with all the diversity, green crap they are introducing and the Race to the Chase sucks too!

Its becoming the WWF on steroids. Although they did get lucky last year with the race to the chase.

I prefer the old point system but if they have to have a chase make it a sudden death thing where the last place driver is eliminated untill theres just one standing

5 posted on 12/23/2010 9:18:01 AM PST by winodog
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To: winodog

“Its becoming the WWF on steroids.”

More like WWF minus the steroids.


6 posted on 12/23/2010 10:27:13 AM PST by Gil4 (Sometimes it's not low self-esteem - it's just accurate self-assessment.)
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