KOMMONSENTSJANE – WHY DOES DISNEY HAVE SPECIAL TAX ADVANTAGE THAT PEOPLE DON’T HAVE?

Problem: Corporations in the U.S. are getting stacked with foreign board members and that is what is going on, plain and simple. They are working with Obama/Biden/One World Order. Look at the film industry in Los Angles – nothing but foreign film makers and sorry movies not worth the price it takes to go to the movies. No creativity. It has been over thirty years since I have been to a movie house.

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https://www.foxnews.com/politics/walt-disney-would-be-rolling-over-in-his-grave-over-companys-wokeness-florida-park-goer-says

Maria Caspani and Dawn Chmielewski
Thu, April 21, 2022, 7:21 PM


By Maria Caspani and Dawn Chmielewski

(Reuters) – A Florida bill that would eliminate the special tax district that gives the Walt Disney Co the ability to govern its theme parks won approval from lawmakers on Thursday, sending the legislation to Governor Ron DeSantis for his signature.

Disney’s designation has allowed the company to control the area including and surrounding Walt Disney World, comprised of an array of theme parks, hotels, golf courses and other entertainment venues.

Here is what is at stake for Disney:

WHAT IS THE SPECIAL TAXING DISTRICT AND WHY WAS IT SET UP?

The Florida State legislature created the Reedy Creek Improvement District in 1967 to promote the development of Walt Disney World on a 38.5-square mile patch of pasture and swamp land in Central Florida.

WHAT BENEFITS DOES THE SPECIAL TAX DISTRICT GIVE DISNEY TODAY?

Disney pays taxes to the Reedy Creek Improvement District and two counties its resort straddles, Orange and Osceola. The district, in turn, provides services, including fire response, emergency medical services, water and sewage treatment, and can issue municipal bonds to finance infrastructure projects, which comes with tax advantages.

kommonsentsjane

About kommonsentsjane

Enjoys sports and all kinds of music, especially dance music. Playing the keyboard and piano are favorites. Family and friends are very important.
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