Sirwalterraleigh
Premium Member
Wasn’t the question…it was more who needs more towels after this “wet work”?They will be
Wasn’t the question…it was more who needs more towels after this “wet work”?They will be
The bold part is the whole ballgame. Only way around that is an amendment to the state constitution to eliminate Disney’s right to representation while continuing to tax them. Seems like a horribly slippery slope to go down. I can’t imagine any corporation even considering moving any jobs to FL if that’s the law of the land. That could have extreme negative long term impacts on the state and local economies.Disney Spat Leaves DeSantis Few Options for Reedy Creek District
Disney’s Reedy Creek district—or something like it—will almost certainly be in place for the foreseeable future in Florida, either by court intervention or legislation. The question now is how much oversight the state will enjoy over this uniquely powerful and corporate-controlled district, says...news.bloombergtax.com
“If Florida attempts to place Reedy Creek under state control, Disney will have a much stronger court case than if the state simply dissolved the district. Depending on who you ask, Disney already had a claim that dissolving the district was unconstitutional retaliation for protected speech in violation of the First Amendment. However, that claim was not entirely clear, as it would be unusual for a court to step in to say a state cannot dissolve one of its own subdivisions based on an alleged improper motive.
Disney’s right to elect its representatives is much stronger than its right to have Reedy Creek exist at all. Disney, as property owner, was granted the statutory right to elect the district’s board of supervisors. If Florida tried to replace it with state political appointees, the situation would go from the state managing its own subdivisions to the state taking away a landowner’s right to vote for its local representatives—an action courts are much more accustomed to stepping in to prevent. Florida cannot avoid this control issue by simply creating a new district with a different governing body, as the state Constitution would require Disney to approve any special district with taxing powers like Reedy Creek.”
To put your mind at ease:I’m worried DeSantis is going to win this feud and RCID is going to die, ending Disney World.
To put your mind at ease:
- The jury is still out on this whole situation so DeSantis may not ultimately win unless like me you believe this was all a political stunt done to drum up support and gain donations…..then he’s already won
- It‘s possible that RCID stays, it’s also possible it’s replaced with something very similar with maybe a few exceptions or a new name so even if RCID dies, RCID part 2 may be seamless to most of us so not a death….a rebirth or maybe a rebranding
- Even if DeSantis wins and RCID does die completely it won’t end Disney World. Some of the major benefits of RCID from the early years are largely irrelevant today. For example when Disney was a smaller company and less credit worthy being able to borrow money off balance sheet was a bigger deal. Now after the Fox acquisition TWDC has billions in debt anyway so hiding a billion is no big deal. Comcast has had no issues developing Universal (and getting the local county to foot some of the bill for infrastructure). Disney will spend more money lobbying local politicians and will still do new infrastructure projects. There may be less road work projects and they may take longer but it won’t force WDW to close.
What Julius Caesar calls “Clusterus Maximus Disasterica”Precisely. If there's no replacement for RCID on July 1, 2023, then everything reverts to the two counties WDW spans to provide the services RCID used to.
No politics, please. (I know this topic political in origin, but there doesn't need to be any comments about parties and their platforms
Does Florida need approval from RCID/Disney to amend the Reedy Creek Improvement Act to replace the landowner elected Board with a Governor appointed Board? I would think and hope so. Is there something in the Florida Constitution that would pertain to such a scenario?The bold part is the whole ballgame. Only way around that is an amendment to the state constitution to eliminate Disney’s right to representation while continuing to tax them. Seems like a horribly slippery slope to go down. I can’t imagine any corporation even considering moving any jobs to FL if that’s the law of the land. That could have extreme negative long term impacts on the state and local economies.
Neither the state of FL or Universal would be “just fine” without Disney.Slippery slope……….for Disney.
State of FL will be just fine. Universal
will be king.
There is no chance Disney leaves Florida. None. Zero.He's just determined to run Disney out of Florida isn't he? Word is Chapek had already bought up a bunch of land in S. Carolina & E. Texas. The board was really uncomfortable with the idea was one reason Iger is back.
So which one do you think gets it? My money is on S. Carolina, they need it more and are probably willing to pony up the superior incentives package, plus staying on the East Coast. Though I certainly wouldn't count Texas out by a long shot.
Yes, I believe the chance is somewhere between no chance, and less than no chance.There is no chance Disney leaves Florida. None. Zero.
And the 'word' is false.
I don't think you even realize how many jobs revolve around WDW. Not only the 60k Disney CMs, but all the jobs that revolve around Disney guests and those 60k CMs. The Florida economy would not survive the closure of WDW.Slippery slope……….for Disney.
State of FL will be just fine. Universal
will be king.
This.I don't think you even realize how many jobs revolve around WDW. Not only the 60k Disney CMs, but all the jobs that revolve around Disney guests and those 60k CMs. The Florida economy would not survive the closure of WDW.
Day one after Disney hypothetically goes poof: new income tax for all Florida residents.I’m still trying to grapple with the fact that people actually think Florida would survive without Disney. Some of these comments on the news stories (not this forum) for this are hilarious.
The bold part is the whole ballgame. Only way around that is an amendment to the state constitution to eliminate Disney’s right to representation while continuing to tax them. Seems like a horribly slippery slope to go down. I can’t imagine any corporation even considering moving any jobs to FL if that’s the law of the land. That could have extreme negative long term impacts on the state and local economies.
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