New Florida Law Could Mean Huge Tax Hikes for Residents.

Robert59

Robert59

Well-known Member
Location
Now I live in Tennesee. Did live in Michigan.
With DeSantis signing legislation, Orange County doesn't know how it can raise revenue to pay difference.

Florida's governor and legislature have decided to eliminate the Reedy Creek District, Disney World's private government, in a political battle over the state's new law known as "Don't Say Gay." But the bill for the move will go to local officials. "The moment that it dissolves, that money's gone. Just gone," said Scott Randolph, Orange County's tax collector, WESH reports. "And instead, what happens is all the debts and obligations of Reedy Creek get transferred over to Orange County government." Gov. Ron DeSantis signed the legislation Friday, per the AP.

https://www.newser.com/story/319674...-for-when-disney-world-tab-falls-to-them.html
 

Maybe "God's Waiting Room" isn't going to be the best place to wait to see God unless, of course, you are loaded with dollars.
 
It is my understanding the residents of any other county, besides Orange, that are affected have to vote for approval..that will never happen IMO
 

If that's true, Disney should be delighted with the changes. If suddenly they get all the services they have been paying for provided by the government, without any increase to their tax burden to offset the change, what's not to like for Disney?

I take it Disney stock has sky-rocketed in price due to the change?
 
No politician wants to P.O. a giant economic powerhouse, like Disney. I don't know what little "extras" might be thrown this new legislation, which may sweeten the deal for Disney. Disney's stance on " pro-gay" anything seems to be extremely uncharacteristic, and Florida's "old boy" legislature with the new anti-Disney stance also seems uncharacteristic. To me, it seems like something is going on behind closed doors. Maybe someone ain't getting paid????
 
According to my neighbors who are life-time addicts of the place, the neighborhoods affected are mostly super-high end places who can probably bear the burden. But they mention many money-making changes that the most recent management of Disney World has enacted. They are scheduled to visit in three months (and again next year), but are having serious doubts about it now. Prices increasing, free perks eliminated, loss of services, much more complex scheduling, etc. They aren't pleased.
 
Em in Ohio said:
According to my neighbors who are life-time addicts of the place, the neighborhoods affected are mostly super-high end places who can probably bear the burden. But they mention many money-making changes that the most recent management of Disney World has enacted. They are scheduled to visit in three months (and again next year), but are having serious doubts about it now. Prices increasing, free perks eliminated, loss of services, much more complex scheduling, etc. They aren't pleased.
Click to expand...
yes they are really changing the perks and system they had before ........ prices went way up and friends of mine finally gave up being there every year etc.

This type of issue can happen other places as many states / cities etc made good buddy deals with large companies to either get plants/ places built for jobs.....
We had places near me where big wealthy companies received property tax breaks for years or decades .... and other perks

many people do not KNOW who got deals and their taxes are going up while some place got a pass for X amount of years because they always paint a rosy picture of progress / jobs etc. One place moved out of a high cost state the new place residents ... assumed .."oh they paid like $25 an hour so..... when they arrived same jobs offered for $17-18 ... still competitive for new state but not what those pushing all sorts of taxpayer concessions ... suggested.

i wonder how many KNEW previously that they had a private government type deal ....
I am sure there are many items in the DETAILS that could shed light but most just want to frame it as a one issue thing.....
 
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