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re: Florida Senate Passes Bill to End Disney’s Special Tax Jurisdiction
Posted on 4/20/22 at 3:45 pm to Jjdoc
Posted on 4/20/22 at 3:45 pm to Jjdoc
It's good to chip a little away at their armor.
Motherfrickers sitting in what is basically their own country within Florida... demanding Florida to change their laws.
Motherfrickers sitting in what is basically their own country within Florida... demanding Florida to change their laws.
Posted on 4/20/22 at 3:46 pm to coolpapaboze
quote:
Im not sure is go that far, but agree that Reagan wasn’t the hard core conservative he’s made out to be. He was squishy on a lot of important domestic issues, and he didn’t press his advantage when he could and should have.
He was from a different era in that there was no hard core marxists in power.
He did a lot of hardcore things while the Gov Of Cali. Reagan vs UC Berkeley was pretty hardcore.
He used a lot of language like Trump did. He wrote this letter to Glenn Dumke, the chancellor of San Francisco State College:
"these people & this trash"
"the excuse of academic freedom & freedom of expression"
But as President, he failed to clean up college education as he attempted in Cali. The results.........
TODAY
Posted on 4/20/22 at 3:49 pm to Big Scrub TX
quote:
I can't imagine this costs them more than $100M annually. Even if it were a billion, it's still easily digestible.
While under the same umbrella, the parks department is a separate entity than their other entertainment companies. When the parks do bad, the park managers have to answer to it. Coughing up $100 million due solely to stupidity is going to be a tough pill to swallow considering their parks division already operates on a thin margin.
This post was edited on 4/20/22 at 3:50 pm
Posted on 4/20/22 at 3:57 pm to BugAC
quote:
While under the same umbrella, the parks department is a separate entity than their other entertainment companies. When the parks do bad, the park managers have to answer to it. Coughing up $100 million due solely to stupidity is going to be a tough pill to swallow considering their parks division already operates on a thin margin.
Their Parks division reported $2.5 Billion in operating income during the first quarter of 2022.
Posted on 4/20/22 at 3:59 pm to BugAC
I think the tax breaks alone are $200 million a year. I have no idea what the potential increase in costs will be from complying with county building codes, etc. I doubt it will be insignificant.
Posted on 4/20/22 at 4:01 pm to Jjdoc
quote:
Disney is a guest in Florida
oof.
That sounds an awful lot like "You didn't build that"
Posted on 4/20/22 at 4:02 pm to Mickey Goldmill
quote:
Their Parks division reported $2.5 Billion in operating income during the first quarter of 2022.
Is that average for the first quarter? Above/below average?
Posted on 4/20/22 at 4:09 pm to 1BIGTigerFan
quote:
Some liberal judge will overturn this.
The problem with this analysis is that this is particularly and only a state matter meaning Disney has two choices judges in orange county or Osceola county most of which are pretty good judges. In the end it works its way up to the supreme court with at least two of the last appointments made by DeSantis
In a nutshell it is not looking good for Disney but it is definitely looking up for the taxpayers in Orlando and Kissimmee as they will now have more money for the citizens who have shouldered Disney long enough
This post was edited on 4/20/22 at 4:31 pm
Posted on 4/20/22 at 4:18 pm to coolpapaboze
quote:
I think the tax breaks alone are $200 million a year.
This bill does nothing to their corporate tax breaks.
quote:
DeSantis was asked at a press conference Friday about corporate tax breaks Disney receives from the state, including what the Orlando Sentinel reports could be up to $570 million in tax breaks for a new office complex the company is opening, as well as corporate tax refunds that the state is set to issue to companies in May.v
DeSantis said that while he’s in favor of the state taking away privileges that are unique to Disney, those tax breaks are ones “that any business would be eligible for,” and insisted there are “no special tax breaks that are Disney-specific that we would contemplate” taking away.
Posted on 4/20/22 at 4:22 pm to dafif
quote:
In a nutshell it is not looking good for Disney but it is definitely looking up for the taxpayers in Orlando in to Simi as they will now have more money for the citizens who have shouldered Disney long enough
You have that totally backwards
Things Disney pays for now (police, fire, roads, etc) will be pushed onto the tax payer without any significant increase in tax revenue. Not to mention the $1 Billion in bond debt that the Counties would have to absorb.
Posted on 4/20/22 at 4:26 pm to jchamil
quote:
I think the tax breaks alone are $200 million a year. I have no idea what the potential increase in costs will be from complying with county building codes, etc. I doubt it will be insignificant.
It will be massive. Reedy Creek Power Plant and Water plant, Fire, Police and emergency services controlled by the county.
Building codes now the jurisdiction of the county. They originally did all of this to build EPCOT. They challenged the Federal Government when Animal Kingdom was being build. Turns out the government has protections over birds of prey and there was Disney killing vultures with clubs to protect the new antelope for their new project. Feds lost their sense of humor over that one. We were on the Caribbean Beach Resort and they were using new tunnel injected concrete forms from Germany to pour the walls on the two story buildings. They were three months behind when the first two buildings were poured. Not an approved method of construction in the US. But they controlled the non existing Building Department. They pulled the forms three too early and the cement had not set. Fortunately ,,,no one was there on Sunday morning when the two buildings collapsed. Months later, running their own building department again, ignoring codes. Typhoon Lagoon, pressure test in the bottom of the mountain. Four men in the hole. No one is supposed to be there when that water pressure test is run. BOOM! and four men were killed. I drove over to see what had happened and learned about the explosion. You cannot avoid OSHA in that situation. I raced back to our construction project and got on the phone searching for as many ropes and harnesses we could get for every roofer on five buildings. You knew that when OSHA finished that investigation, every construction site within five miles were going to see OSHA. I had a team at the Citrus Bowl as well. We even saw OSHA at the Citrus Bowl. I had told the GC to be ready after Typhoon Lagoon. He would have been crushed by OSHA f anyone had failed to advise him.
If this goes through, the county will be on their butts at every turn .....Can't wait see it way past due for a more deserving bunch.
Posted on 4/20/22 at 4:27 pm to Jjdoc
Ain’t that a bitch, lol. It’s cool though because the left believes corporate tax breaks are bullshite.
Posted on 4/20/22 at 4:30 pm to Pandy Fackler
quote:
clips those Disney nuts
rocky mountain oyster feed coming soon.
Posted on 4/20/22 at 4:35 pm to Mickey Goldmill
You have that totally backwards Things Disney pays for now (police, fire, roads, etc) will be pushed onto the tax payer without any significant increase in tax revenue. Not to mention the $1 Billion in bond debt that the Counties would have to absorb.
Mickey….many many times you post absolutely worthless drivel but this one is near the top.
Your bond debt is absolutely false.
Second, you don’t live here nor have you dealt with reedy creek including their police and fire
Those are already in place and the additional tax revenue will more than cover it. Also, I suspect most of the police and fire will have to become private to cover actual Disney property
Have you even been on Disney property?
Mickey….many many times you post absolutely worthless drivel but this one is near the top.
Your bond debt is absolutely false.
Second, you don’t live here nor have you dealt with reedy creek including their police and fire
Those are already in place and the additional tax revenue will more than cover it. Also, I suspect most of the police and fire will have to become private to cover actual Disney property
Have you even been on Disney property?
This post was edited on 4/20/22 at 4:49 pm
Posted on 4/20/22 at 4:40 pm to bluedragon
quote:
I drove over to see what had happened and learned about the explosion.
We’re you around when Disney put up the year 2000 sign at Epcot and the guy fell off the ball landing on a ac compressor on his back. Other than getting into Epcot multiple times to see the area, it was a sad case
Posted on 4/20/22 at 4:43 pm to dafif
quote:
Your bond debt is absolutely false.
How so? Everything I've seen show its legit.
quote:
Second, you don’t live here nor have you dealt with reedy creek including their police and fire
Those are already in place and the additional tax revenue will more than cover it.
They have buildings in place. The control over those building and the costs to run them will be turned over to the counties.
What additional tax revenue are you talking about here specifically?
quote:
Have you even been on Disney property?
Posted on 4/20/22 at 4:51 pm to Mickey Goldmill
quote:
How so? Everything I've seen show its legit.
Show me where?
I doubt there many 30 year old bonds still in effect. I read the legal documents for RCID.
quote:
What additional tax revenue are you talking about here specifically?
Confused? What happens when they dissolve the development district? All of the significant tax breaks go away. You know that. Just being obtuse
This post was edited on 4/20/22 at 4:53 pm
Posted on 4/20/22 at 5:00 pm to dafif
https://finance.yahoo.com/news/desantis-rush-battle-disney-puts-162323694.html
https://www.wftv.com/news/local/orange-county/disneys-debt-is-about-be-central-florida-taxpayers-problem/SIDQMVZ55ZED3HH2ATXQYNVIPQ/
https://www.clickorlando.com/news/local/2022/04/20/special-district-bill-will-leave-orange-osceola-taxpayers-with-disney-debt-democrats-say/
https://wdwnt.com/2022/04/removing-reedy-creek-improvement-district-could-transfer-2-billion-debt-from-disney-to-taxpayers/
What tax breaks are you talking about specifically? They already pay property taxes to the counties and the State. Desantis already said the corporate tax breaks that all businesses benefit from wouldn't be included in this.
https://www.wftv.com/news/local/orange-county/disneys-debt-is-about-be-central-florida-taxpayers-problem/SIDQMVZ55ZED3HH2ATXQYNVIPQ/
https://www.clickorlando.com/news/local/2022/04/20/special-district-bill-will-leave-orange-osceola-taxpayers-with-disney-debt-democrats-say/
https://wdwnt.com/2022/04/removing-reedy-creek-improvement-district-could-transfer-2-billion-debt-from-disney-to-taxpayers/
What tax breaks are you talking about specifically? They already pay property taxes to the counties and the State. Desantis already said the corporate tax breaks that all businesses benefit from wouldn't be included in this.
This post was edited on 4/20/22 at 5:03 pm
Posted on 4/20/22 at 5:02 pm to Mickey Goldmill
Lol
“Could” transfer
Typical prog media bullshite
“Could” transfer
Typical prog media bullshite
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