It’s Crunch Time in Congress for Tax Breaks
Thursday, November 20th, 2014
The Georgia Aquarium is hardly a showcase in Atlanta urban renewal. The largest marine exhibit in the United States sits near the World of Coca-Cola museum, CNN headquarters, the city’s lavish sports stadiums and its famed Centennial Olympic Park — an area more playground than poverty-stricken.
Yet when the aquarium’s managers set out to build a new dolphin exhibit, sponsored by AT&T no less, they made use of a lucrative federal tax break, known as the New Markets Tax Credit, intended as a tool to expand investment in the country’s poorest localities.
