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Reply to "DeSantis and FL moving to hammer Disney"
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[quote=Anonymous]DeSantis has backed himself into a lose-lose-lose situation. If he goes through with the RCID dissolution in June of next year, he will lose his reelection when central Florida real estate markets crash due to the high levy of new property taxes. Orange County has a very good real estate market that will crash when property taxes go up 25% or more. There is no way he is going to get Disney to assume the debt bill with a dissolution of Reedy Creek. Disney will have that tied up in courts long after the June 2023 deadline and DeSantis is going to have to find a way for RCID to continue operations and paying their debt or go back to option 1 above, crash the central Florida real estate market and lose reelection. Alternatively, he can convince his bought and paid legislature to revoke the new law so that none of the above comes to pass. If it ever lands in court, DeSantis will lose legally and his public image will be tarnished by the entire affair. There are no legal wins for DeSantis if this goes to court. And all Disney has to do it wait for DeSantis to try and figure out how he is going to enforce this dissolution AND figure out who will pay the debt. Once he settles on something, Disney will send it into the court system to make sure that DeSantis' loss is front page national news for weeks. DeSantis violated the first amendment of the Constitution badly by singling out an individual corporation (which SCOTUS has already ruled has rights like citizens) to infringe upon their free speech rights. Disney was exercising free speech rights both in making campaign contributions and it disagreeing publicly with the new law and lobbying for the revocation of that law. By creating a second law targeting the corporation, DeSantis has a Constitutional case on his hands that he can never win, even with this court.[/quote]
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