DeSantis and FL moving to hammer Disney

[Anonymous]

^ I'd rather pay taxes to have our public infrastructure than just pay out $$ for insurance. We get something for our tax dollars.

[Anonymous]

Anonymous wrote:Disney has acknowledged they have lost the Reedy Court district. The district no longer exists as a legal entity.
Disney cannot challenge that, and instead sue Ron DeSantis, because if they did the would have a billion dollars in bonds that would be called in. Someone could place a lien on the Magic Kingdom and EPCOT.

That's factually and legally inaccurate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Disney has acknowledged they have lost the Reedy Court district. The district no longer exists as a legal entity.
Disney cannot challenge that, and instead sue Ron DeSantis, because if they did the would have a billion dollars in bonds that would be called in. Someone could place a lien on the Magic Kingdom and EPCOT.

1 billion? A simple google search shows that Disney has 10 billion cash on hand. It's more of a problem for Florida.

How is it a problem for Florida? That whole thing about taxpayers having to take over expenses, was bogus.
The spending would be taken over by taxing the residents->Disney.

The bigger problem is this district was never owned by Disney. It was supposed to be a separate entity, that was created because Walt Disney wanted to make a city.
After he passed, the company just built Magic Kingdom and EPCOT instead. They put their people on the board for Reedy Creek, putting them in trailers as the 'residents'.

Disney already pays taxes to Orange and Osceola counties. So unless they create a brand new taxation system just to apply to Disney (unconstitutional) there is a budget shortfall for Florida.

[Anonymous]

Anonymous wrote:

Anonymous wrote:DeSantis is now defunding the police:
https://www.politico.com/news/2023/07/26/desantis-board-disney-district-cuts-00108292

From the article it looks like they are not paying for police who worked exclusively at Disney.
Disney was running the district for its own benefit, and now some other taxpayers are not being forced to subsidize Disney.
Although most of these other businesses probably get their money from being next to Disney.

But now they have to police Disney. Is that coming out of the Orange County budget? Disney paid 41M in property taxes to Orange County last year. They should now expect services.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DeSantis is now defunding the police:
https://www.politico.com/news/2023/07/26/desantis-board-disney-district-cuts-00108292

From the article it looks like they are not paying for police who worked exclusively at Disney.
Disney was running the district for its own benefit, and now some other taxpayers are not being forced to subsidize Disney.
Although most of these other businesses probably get their money from being next to Disney.

Politico intentionally did a poor job of explaining this. Disney use to pay for the police through Reedy Creek Improvement District but now DeSantis has taken over that and renamed it. This means the government now has to pay for everything Disney use to pay for through Reedy Creek Improvement District. As a result the residents and businesses in the area are now facing huge property tax increases over 2-3 years(Florida has a max increase per year on property taxes).

Bottom line the DeSantis people now have to fund over 200 million per year that Disney use to pay for. They will also cut fire and rescue services. They will try to cut everything but their own salaries. Remember Disney ran and paid for everything a county government would and now this has to be funded through property taxes.

Property taxes paid by Disney. Disney was maybe taking a little away from nearby businesses to pay for things(who make their money because Disney is nearby), but largely they are the tax base of Reedy Creek.

Property tax increases appears to be a problem for the whole state, and has nothing to do with Reedy Creek.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DeSantis is now defunding the police:
https://www.politico.com/news/2023/07/26/desantis-board-disney-district-cuts-00108292

From the article it looks like they are not paying for police who worked exclusively at Disney.
Disney was running the district for its own benefit, and now some other taxpayers are not being forced to subsidize Disney.
Although most of these other businesses probably get their money from being next to Disney.

But now they have to police Disney. Is that coming out of the Orange County budget? Disney paid 41M in property taxes to Orange County last year. They should now expect services.

Obviously it would be a primary focus, but they do not have to police Disney. Disney has its own security, and they were using the district to pay for some of this.

The main impact of losing the district is they now would have to submit for inspections, and reveal what they are planning to open years ahead of time, just like the other parks.

[Anonymous]

Anonymous wrote:Megyn Kelly goes pretty hard on DeSantis here. And interesting that as a longtime Fox News employee she jumps to the sexual harassment analogy.

It is clearly retaliation. Only problem is legally the district is not owned by Disney. They are technically an independent board that was defacto run by Disney, all the time issuing bonds that said they were independent. The lawyers and executives have probably filed lots of paperwork that attested to being independent of Disney.
Disney can't claim retaliation without revealing this fraud.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Megyn Kelly goes pretty hard on DeSantis here. And interesting that as a longtime Fox News employee she jumps to the sexual harassment analogy.

It is clearly retaliation. Only problem is legally the district is not owned by Disney. They are technically an independent board that was defacto run by Disney, all the time issuing bonds that said they were independent. The lawyers and executives have probably filed lots of paperwork that attested to being independent of Disney.
Disney can't claim retaliation without revealing this fraud.

Where’s the fraud?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Megyn Kelly goes pretty hard on DeSantis here. And interesting that as a longtime Fox News employee she jumps to the sexual harassment analogy.

It is clearly retaliation. Only problem is legally the district is not owned by Disney. They are technically an independent board that was defacto run by Disney, all the time issuing bonds that said they were independent. The lawyers and executives have probably filed lots of paperwork that attested to being independent of Disney.
Disney can't claim retaliation without revealing this fraud.

Where’s the fraud?

There isn't any. The PP clearly doesn't understand how the law works or what it means to be independent or elected to a Board.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Megyn Kelly goes pretty hard on DeSantis here. And interesting that as a longtime Fox News employee she jumps to the sexual harassment analogy.

It is clearly retaliation. Only problem is legally the district is not owned by Disney. They are technically an independent board that was defacto run by Disney, all the time issuing bonds that said they were independent. The lawyers and executives have probably filed lots of paperwork that attested to being independent of Disney.
Disney can't claim retaliation without revealing this fraud.

Where’s the fraud?

There isn't any. The PP clearly doesn't understand how the law works or what it means to be independent or elected to a Board.

You can't both be run by Disney and independent of Disney.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Megyn Kelly goes pretty hard on DeSantis here. And interesting that as a longtime Fox News employee she jumps to the sexual harassment analogy.

It is clearly retaliation. Only problem is legally the district is not owned by Disney. They are technically an independent board that was defacto run by Disney, all the time issuing bonds that said they were independent. The lawyers and executives have probably filed lots of paperwork that attested to being independent of Disney.
Disney can't claim retaliation without revealing this fraud.

Where’s the fraud?

There isn't any. The PP clearly doesn't understand how the law works or what it means to be independent or elected to a Board.

You can't both be run by Disney and independent of Disney.

Do you understand that independence is a legally defined term and that anyone affiliated with Disney would need to meet that definition? The ignorance from the R's is stunning. But I'm not surprised.

[Anonymous]

Didn’t Colorado say Disney can move there?

[Anonymous]

This is a Disney win and always would be. Disney has the time horizon of what 200 years? They expect to have something there for that long. Ron is gone in a few years no matter what happens. You can’t beat people that have a plan to outlive you. Even your victories are hollow. The next gov even a republican will be aligned with Disney and undo any bad that has happened. Ron won the first round. If he was smart he would have declared victory and moved on. Disney has made him look like a chump.

The lawyers for the state can’t fight the lawyers Disney has. It would be like any of us fighting whoever is the heavyweight champ. We would just get hurt.

[Anonymous]

[Anonymous]

Anonymous wrote:This is a Disney win and always would be. Disney has the time horizon of what 200 years? They expect to have something there for that long. Ron is gone in a few years no matter what happens. You can’t beat people that have a plan to outlive you. Even your victories are hollow. The next gov even a republican will be aligned with Disney and undo any bad that has happened. Ron won the first round. If he was smart he would have declared victory and moved on. Disney has made him look like a chump.

The lawyers for the state can’t fight the lawyers Disney has. It would be like any of us fighting whoever is the heavyweight champ. We would just get hurt.

They didn't sue the state or the district, but instead Ron DeSantis. Disney's lawyers are out of state that don't understand the districts. They've been doing this for 60 years with no one really giving much thought to it.