As things get interesting in Florida - Reedy Creek

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From the Daily Wire:

Florida’s Senate Passes Bill To End Disney’s Self Governance
Florida’s Republican-led Senate passed a bill on Wednesday that eliminates a special taxing district that allows Walt Disney Co. to govern the land where its theme park is located.

“The measure potentially delivers a blow to the company’s operations in the state,” The Wall Street Journal reported. “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.”

The report noted that the special taxing district reportedly saves Disney tens of millions of dollars per year.

The bill now heads to Florida’s Republican-led House where it is expected to pass. Florida Governor Ron DeSantis (R) has already signaled that he will sign the bill into law.

Go WOKE, get broke.  They will have to compete with all the other rabble.  I hope that the WOKEsters at Disney enjoyed their fifteen minutes of fame. Now get back to work and manage the company for us shareholders. Get your fscking mitts off of our kids while you are at it.

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This page contains a single entry by DaveH published on April 20, 2022 11:14 AM.

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