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Floridians Will Get a Massive Tax Increase so That DeSantis Can Own the Libs.
His feud with Disney is reaching new levels.
If nothing else, DeSantis has certainly done an excellent job of positioning himself as Donald Trump’s successor. So much so, that growing resentment on the part of Trump watching the rise of his protege have been prevalent. The latest target in DeSantis’ bid for increased relevance has been none other than Disney, and Florida’s Disney World in particular. After the company expressed disagreement and disappointment with his legislation dubbed the “Don’t Say Gay” bill, DeSantis recently threatened that the park would lose special status in the state. Florida’s GOP lawmakers fell in line, and a bill revoking the special status will be signed into law in a matter of days at most.
Except, a massive debt bomb will drop as a result.
Lauren Frias with Business Insider writes:
Tax officials and legislators say that a law dissolving Disney’s self-governing status could saddle local taxpayers with more than $1 billion in bond debt, CNBC reported Thursday…
Scott Randolph, the tax collector for Orange County, told CNBC that the Reedy Creek district collects about $105 million a year in general revenue, on top of the more than $280 million Disney pays…
