Posted on 04/20/2022 11:10:48 AM PDT by conservative98
The Republican-led Florida Senate passed a bill Wednesday that would eliminate a special tax district that has allowed Walt Disney Co. to govern the land where its theme parks sit, as lawmakers target the company for opposing legislation restricting classroom instruction on gender and sexuality.
The measure still needs to pass the GOP-led House, which is expected to approve it. Republican Gov. Ron DeSantis, who called for lawmakers to consider such a bill in a special session he convened this week, has made clear he would sign it.
The measure potentially delivers a blow to the company’s operations in the state. The special district, created in 1967 and known as the Reedy Creek Improvement District, exempts Disney from a host of regulations and certain taxes and fees related to emergency services and road maintenance. It saves Disney tens of millions of dollars a year, according to a person familiar with the company’s finances who studied the issue over a decade ago.
On Wednesday, Disney declined to comment on the bill
(Excerpt) Read more at wsj.com ...
Disney’s Florida property is miles outside the Orlando City limits and was even farther away in 1967
mrs. catnipman just said the same thing ...
And, to tens of millions of folks, the so called “baggage” Trump is carrying is LIBERAL BAGGAGE and thus seen as a badge of honor and credulity unlike the girly men republicans in the senate daily espousing “across the isle” politics.......
thoughts?
"Force the enemy to live up to his own book of rules."
Saul Alinsky.
Excellent news!
124.57 USD −7.36 (5.58%)today
Closed: Apr 20, 16:02 EDT •
If I understand the situation, Disney’s property now will be taxed by Orange County, Florida. Assuming the bill gets passed the House and is signed.
If that happens, I am waiting to see the Orlando Leftists demanding that Disney’s property be taxed at the highest rate so they can spend more tax dollars on themselves.
John O'Sullivan.
"All organizations that are not actually right-wing will over time become left-wing ."
https://www.conservapedia.com/O%e2%80%99Sullivan%e2%80%99s_First_Law
No land was given to Disney.
Quote: “ The State of FL punishing Disney for exercising its First Amendment rights.”
I LOVE (and by loved, I mean hate) how powerful companies like Disney take steps to punish those who they disagree with. They ban them from their media services or spend millions to lobby against them.
But the second you fight back? Why, you are restricting their rights.
And what are those rights?
To do, say, support and punish those that that disagree with them with IMPUNITY!!
In other words, the left is what is and if you aren’t, you are illegal. It’s their right to be in charge. It’s “their democracy.”
Sounds like they may have learned a lesson, though late.
Keep your yap shut about things that are not your concern,
and that the vast majority of Americans think you are
wrong about.
“Disney will be just fine”.
***********************************************************
Well, maybe, maybe not, here’s a SHORT list of prominent multi billion dollar companies who thought they could defy the laws of business:
Refco; 33 billion, 2005
American Savings and Loan, 33.8 billion; September 1988
Texaco, 34.9; Dec; 87
Pacific Gas & Electric, 36.1; June 2001
Thornburg Mortgage, 36.5; January 2009
Chrysler; 39.3 billion; January; 2009
MF Global; 41 billion; August 2011
Conseco Inc.; 61.3 billion; December 2002
Enron Corp; 65.5 billion; December 2001
CTI Group; 71.0 billion; January 2009
General Motors Corp; 82.3 billion; June 1, 2009
Pacific Electric & Gas; 2nd time; (date, amount unavailable
Worldcom; 103.9; 103.9; July 2002
Washington Mutual; 327.9 billion; September, 2008
Lehman Bros; 691.1; September 2008
Disney’s total value based on their own statements is 91 billion dollars.
If Disney doesn’t do a hard right and get back to Walt’s vision of what he wants children to be exposed to then they will be on this list sooner than later because we ain’t seen nothing yet.
Thank you for refreshing my memory!
<>DeSantis is the new Trump without the baggage of old Trump<>
DeSantis is my beloved governor.
But do tell of “the baggage of old Trump.”
Of what baggage do you speak?
Actually South Florida didn’t want them and said so.
Us kids were So Pissed!🤬😁
Looks like Mickey Mouse has been caught in a rat trap 🤪
bahahaha
I’d bet $1 he’ll stay in FL; he has more work to do there, before entering the WH race.
No problem. I learned of that John O'Sullivan quote back in the early 1990s, and I thought it so significant that I made up my mind to remember it.
Good thing Disney’s America never happened at Haymarket, VA. The data centers will do more for the economy and contribute more overall than Disney ever will.
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