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Can you point to any article where the local government is salivating over wanting to take over Disney? How does it possibly help the surrounding city? There i

Can you point to any article where the local government is salivating over wanting to take over Disney? How does it possibly help the surrounding city? There is a huge movement in the metro Atlanta area to either break off from the larger city or to incorporate county areas so they can have more local control. There is no movement to take over larger responsibilities by the taxpayers.

pclmulqdq 4y ago
Most people don't "salivate" publicly. However, they don't seem to mind, and there is no plan to raise taxes on the residents in connection: https://www.latimes.com/entertainment-arts/business/story/2022-05-11/federal-judge-dismisses-florida-taxpayer-lawsuit-against-over-disney-world-district https://www.latimes.com/entertainment-arts/business/story/20... This is a biased source (a little too right-leaning for my taste), but it has a few interesting quotes from public officials: https://deadline.com/2022/05/disney-ron-desantis-dont-say-gay-law-special-district-1235016301/ https://deadline.com/2022/05/disney-ron-desantis-dont-say-ga... It helps because Disney in Orlando produces something like $20 billion per year, and owns something like $10-100 billion of property and equipment. All of that is now taxable. It's easy to see how this helps a city: A 1% sales tax would net $200 million, and a property tax would also be in the 8 figures. Police, fire, and other essential services would cost nowhere near this much. Even servicing the debt on $1 billion of bonds would be nowhere near this much. In terms of local politicians, this helps them because someone with $20 billion in revenue will be happy to pay you a $500k bribe (sorry, donation to your re-election fund) to give them favorable rules. I don't know much about the Atlanta metro area, but there have been several cases in the past that I have heard of where rich areas try to break away from larger cities. The cities generally don't want this to happen because these districts are profit centers (this is a reverse of the Disney situation, where a potential profit center would be incorporated into a city). Desires for "local control" are usually about money.
- scarface74 4y ago
  The only mention of it not raising taxes for residence came from DeSantis without anything to back it up. This isn’t something I’m just hearing about from the national news. I bought a second home/investment property in Orange County that will become my legal residence once my wife and I start doing the digital nomad thing later this year. People locally do not want this. No Republican or Democratic governor has ever complained about Disney’s special tax district until DeSantis brought it up specifically because Disney spoke up. DeSantis is not interested in “protecting free speech”. Does this sound like anything but retribution: “You’re a corporation based in Burbank, California, and you’re going to martial your economic might to attack the parents of my state? We view that as a provocation, and we’re going to fight back against that,” DeSantis said during an event at a Hialeah Gardens charter school.

pclmulqdq 4y ago

Most people don't "salivate" publicly. However, they don't seem to mind, and there is no plan to raise taxes on the residents in connection: https://www.latimes.com/entertainment-arts/business/story/2022-05-11/federal-judge-dismisses-florida-taxpayer-lawsuit-against-over-disney-world-district https://www.latimes.com/entertainment-arts/business/story/20... This is a biased source (a little too right-leaning for my taste), but it has a few interesting quotes from public officials: https://deadline.com/2022/05/disney-ron-desantis-dont-say-gay-law-special-district-1235016301/ https://deadline.com/2022/05/disney-ron-desantis-dont-say-ga... It helps because Disney in Orlando produces something like $20 billion per year, and owns something like $10-100 billion of property and equipment. All of that is now taxable. It's easy to see how this helps a city: A 1% sales tax would net $200 million, and a property tax would also be in the 8 figures. Police, fire, and other essential services would cost nowhere near this much. Even servicing the debt on $1 billion of bonds would be nowhere near this much. In terms of local politicians, this helps them because someone with $20 billion in revenue will be happy to pay you a $500k bribe (sorry, donation to your re-election fund) to give them favorable rules. I don't know much about the Atlanta metro area, but there have been several cases in the past that I have heard of where rich areas try to break away from larger cities. The cities generally don't want this to happen because these districts are profit centers (this is a reverse of the Disney situation, where a potential profit center would be incorporated into a city). Desires for "local control" are usually about money.

scarface74 4y ago
The only mention of it not raising taxes for residence came from DeSantis without anything to back it up. This isn’t something I’m just hearing about from the national news. I bought a second home/investment property in Orange County that will become my legal residence once my wife and I start doing the digital nomad thing later this year. People locally do not want this. No Republican or Democratic governor has ever complained about Disney’s special tax district until DeSantis brought it up specifically because Disney spoke up. DeSantis is not interested in “protecting free speech”. Does this sound like anything but retribution: “You’re a corporation based in Burbank, California, and you’re going to martial your economic might to attack the parents of my state? We view that as a provocation, and we’re going to fight back against that,” DeSantis said during an event at a Hialeah Gardens charter school.