[JMintzer]

Originally Posted by Topspinmo

More room for villages.

Dibs on Cinderella's Castle!

[Babubhat]

Takes away their tax exempt financing and circumventing local government.

[JMintzer]

Originally Posted by MartinSE

They are being targeted because they stated their opinion. Not allowed in Florida.

Florida does not have state income tax, a big part of the reason is Disney. They bring in 50 million tourists per year. They pay over a billion in income tax per year. They bring in over $75 billion in tourist revenue per year. They employ over 40,000 central Florida residents.

But, they committed a sin, by stating that they support thousands of employees and millions of guests, and worst of all they did it publicly.

So much for fee speech.

I hope they don’t move out of the state, I kind of like not paying state income tax.

Interesting... Nowhere NEAR a $Billion... Plus, some interesting bookkeeping...

Disney Avoids Paying Millions in Taxes With Massive Theme Park Loophole - Inside the Magic

[MartinSE]

Originally Posted by Bogie Shooter

They could close the park.

If they lose the tax concessions I expect the will sue, but I don’t know how long those concessions were agreed to when they came here

[MartinSE]

Originally Posted by JMintzer

Interesting... Nowhere NEAR a $Billion... Plus, some interesting bookkeeping...

Disney Avoids Paying Millions in Taxes With Massive Theme Park Loophole - Inside the Magic

Disney income taxes for the quarter ending December 31, 2021 were $0.488B, a 2950% increase year-over-year. Disney income taxes for the twelve months ending December 31, 2021 were $497M, a 93.39% increase year-over-year. Disney annual income taxes for 2021 were $0.025B, a 96.42% decline from 2020.

I expect pandemic had something to do with past couple years

[MartinSE]

Originally Posted by Babubhat

Takes away their tax exempt financing and circumventing local government.

You are right, I would much rather pay income tax than let Disney steal that. Geez

[MartinSE]

Originally Posted by JMintzer

Dibs on Cinderella's Castle!

I ate there once, you can have it

[golfing eagles]

Originally Posted by MartinSE

They are being targeted because they stated their opinion. Not allowed in Florida.

Florida does not have state income tax, a big part of the reason is Disney. They bring in 50 million tourists per year. They pay over a billion in income tax per year. They bring in over $75 billion in tourist revenue per year. They employ over 40,000 central Florida residents.

But, they committed a sin, by stating that they support thousands of employees and millions of guests, and worst of all they did it publicly.

So much for fee speech.

I hope they don’t move out of the state, I kind of like not paying state income tax.

BS

Let's be honest here.

They were not "supporting thousands of employees and millions of guests" They were making a political statement and cow-towing to a very small minority of ________(fill in the blank) that were opposed to a law that prohibited teaching CHILDREN in K-3 (5-8 year olds) about certain sexual behaviors. Of course, those that engage in those behaviors want them to be accepted as normal even by 5 year olds.

So like the spokesperson for the governor's office stated this morning--"If you poke the hornet's nest. sometimes you get stung"

[Bogie Shooter]

Both bills passed senate.

[OrangeBlossomBaby]

Originally Posted by Babubhat

Takes away their tax exempt financing and circumventing local government.

It also relieves them of their obligation to maintain the roads, fire/police, and other infrastructure costs in the district. If the district no longer exists, the costs of all those things revert to the property owners (homeowners, small businesses, etc).

Estimates are approximately $2000 per residence per year to cover the costs of Disney not maintaining the district anymore.

[OrangeBlossomBaby]

Originally Posted by MartinSE

If they lose the tax concessions I expect the will sue, but I don’t know how long those concessions were agreed to when they came here

Part of the deal for all those concessions was that Disney would pay for the infrastructure, police and fire department services in the district. They won't have to fund that anymore. The district is not exclusively Disney. It also includes homeowners and small businesses, supermarkets, the roads leading to and from Disney and all those homes and businesses and supermarkets, etc. etc. etc. Disney was paying 100% of those costs. They won't be responsible for that after this.

[Bogie Shooter]

Originally Posted by OrangeBlossomBaby

It also relieves them of their obligation to maintain the roads, fire/police, and other infrastructure costs in the district. If the district no longer exists, the costs of all those things revert to the property owners (homeowners, small businesses, etc).

Estimates are approximately $2000 per residence per year to cover the costs of Disney not maintaining the district anymore.

Originally Posted by OrangeBlossomBaby

Part of the deal for all those concessions was that Disney would pay for the infrastructure, police and fire department services in the district. They won't have to fund that anymore. The district is not exclusively Disney. It also includes homeowners and small businesses, supermarkets, the roads leading to and from Disney and all those homes and businesses and supermarkets, etc. etc. etc. Disney was paying 100% of those costs. They won't be responsible for that after this.

My, my doesn’t this make so much sense?
The clowns at work, again.

[Caymus]

Originally Posted by OrangeBlossomBaby

Part of the deal for all those concessions was that Disney would pay for the infrastructure, police and fire department services in the district. They won't have to fund that anymore. The district is not exclusively Disney. It also includes homeowners and small businesses, supermarkets, the roads leading to and from Disney and all those homes and businesses and supermarkets, etc. etc. etc. Disney was paying 100% of those costs. They won't be responsible for that after this.

Just curious, what else are they exempt from building permits, fire inspections codes etc?

[MartinSE]

Originally Posted by golfing eagles

BS

Let's be honest here.

They were not "supporting thousands of employees and millions of guests" They were making a political statement and cow-towing to a very small minority of ________(fill in the blank) that were opposed to a law that prohibited teaching CHILDREN in K-3 (5-8 year olds) about certain sexual behaviors. Of course, those that engage in those behaviors want them to be accepted as normal even by 5 year olds.

So like the spokesperson for the governor's office stated this morning--"If you poke the hornet's nest. sometimes you get stung"

Let's be honest, I though t you were in favor of the constitution? Remember that pesky part about the government may Not do anything too prevent free speech. There is NO doubt whatsoever why this is being done now. And that is in direct violation of the government attempting to prevent free speech. And yes, you SHOULD get stung if you goo directly against the constitution.

[kkingston57]

Originally Posted by MartinSE

They are being targeted because they stated their opinion. Not allowed in Florida.

Florida does not have state income tax, a big part of the reason is Disney. They bring in 50 million tourists per year. They pay over a billion in income tax per year. They bring in over $75 billion in tourist revenue per year. They employ over 40,000 central Florida residents.

But, they committed a sin, by stating that they support thousands of employees and millions of guests, and worst of all they did it publicly.

So much for fee speech.

I hope they don’t move out of the state, I kind of like not paying state income tax.

Forgot to mention that Orlando was the 7th highest airport in World last year based on passenger traffic. Atlanta was #1. I bet that Orlando probably had more people who left airport and stayed some time and spent money(taxable) in Florida.

Law that allowed Disney this exemption has been around for 55 years and this has never been an issue.