Colonial Williamsburg is one of my favorite spots in Virginia. You can walk around the preserved city and get a sense of colonial life. However, it appears that Williamsburg is high on history and low on profits. The non-for-profit has revealed that it has lost $277 million in the last five years and laid off 71 workers. Despite outsourcing work and cutting back, Colonial Williamsburg is struggling at a time when the city of Williamsburg is threatening to levy a new 7 percent admissions tax and increase both hotel and meal taxes. The tax increases seem rather odd when the venerable institution is already struggling to keep the candles burning. This is the main draw for the area and it would seem that the city and state could do more than impose new taxes to help support this historic area.
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