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To: GeronL

While I agree with you, it happens all the time. Tax breaks and incentives are given to companies to lure their business (and jobs) to a city. If some are getting their panties in a wad over a boat, then stipulate in the contract that no incentives will be used for that section of the park.


3 posted on 12/07/2010 9:03:45 AM PST by bgill (K Parliament- how could a young man born in Kenya who is not even a native American become the POTUS)
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To: bgill

Something that applies to all companies shouldn’t be a problem.

Whats next cutting taxes only for non-Christans?


7 posted on 12/07/2010 9:11:58 AM PST by GeronL
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To: bgill; GeronL
If some are getting their panties in a wad over a boat, then stipulate in the contract that no incentives will be used for that section of the park.

Its my understanding from both AIG and Ark Encounter that the ark portion of the park is to be funded entirely by donation, not tax dollars. From the URL under FAQ under "How will it be funded?" is the following statement:

The bulk of the Ark Encounter will be built by the limited liability company (LLC). The Ark structure itself will be funded through donations.

"Individuals may make tax-deductible donations through the “Ark Pegs, Planks, & Beams” program, which gives everyone the opportunity to sponsor an actual peg, plank or beam that will be used to build the Ark. Sponsors will receive benefits that include a certificate of authenticity and special invitations to behind-the-scenes tours and grand opening events. Through the Ark website (ArkEncounter.com), all sponsors will have the opportunity to see the general location where their sponsored peg, plank, or beam is located in the Ark."

I've been watching the total donations rise - they've been given $20,000 pretty much just since the park was announced less than a week ago.

21 posted on 12/07/2010 9:56:06 AM PST by conservativegramma
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