The Soapbox

111Balz

Joined: 08/13/1998 Posts: 59643
Likes: 57188


Subsidizing really isn’t a good word here. Reedy Creek is Disney World.


The services Disney provides to itself are paid for by sales tax which the district is allowed to Levi. That’s a sales tax on Disney ticket merchandise food etc. sales, which makes their ticket prices higher but they don’t get the money.
If Reedy Creek goes away that sales tax goes away. Perhaps the two counties involved could get sales taxes enacted on Disney revenues but now you’re pushing the special treatment of a company because they just disagreed with him politically a little farther.

And there’s still the $1 billion in bonds that become somebody else’s problem not Disney

(In response to this post by Hoodafan)

Posted: 04/29/2022 at 3:01PM



+1

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