News Reedy Creek Improvement District and the Central Florida Tourism Oversight District

Disney Glimpses

Well-Known Member
why should Disney pay more in taxes?

why can’t Reedy Creek build a nuclear power plant? they own and operate utilities.
1 - Most people think this District gives The Walt Disney Co. tax breaks on everything they do on property - which is false - and they (Florida Republicans) are using that to their advantage here.

2 - There's no reason they shouldn't be able to but apparently nuclear power is a bad thing and they are embellishing that fact to show how "powerful" Disney is here with RCID.
 

thehowiet

Wilson King of Prussia
Impacts to daily operations and additions.
I wonder if this will bring the idea of spinning off the parks, or at least WDW, back into the fold again.

That’s the part the media is distorting. RCID is a benefit to Disney but it’s also a benefit to the local governments. It’s a win/win scenario where Disney gets what they want and the local county is burdened with footing the bill for infrastructure improvements and services at a private business. The media (and Governor) want to paint this as some special benefit given to Disney but it’s more nuanced than that.
Well said. The brief that @flynnibus shared last night highlights many of the positive impacts of RCID to the State beginning on page 29.

Also of interest is the section beginning on page 38 (Opportunities to Repeal the District’s Regulatory Powers). This section in particular is relevant I think:

Finally, even though it concluded that sufficient safeguards existed, the report identified two primary statutory changes that the Legislature could implement to enhance these safeguards. These involved providing further criteria for preventing the District’s board members from being replaced by a new owner without cause and placing the District within the state’s regional growth management program.
In the end, even though it was presented with these specific proposals, the State Legislature did not choose to implement them. This means that, although presented with a mechanism to repeal or restrict the District’s authority, the State Legislature did not elect to do so. This is significant as it is very reasonable to believe that, if the original experiment of assigning traditional public governance authority to the Reedy Creek “Super District” had not achieved sta- bility and success over its thirty-plus years, the State Legislature would have intervened and ended this unique situation. The fact that the Legislature did not do so strongly endorses the overall propriety of the District’s regulatory structure.

Bob Chapek is not an elected official, he’s the CEO of a media conglomerate. Disagreeing with the bill is one thing but threatening to use the conglomerate’s power to stop the bill crosses a line. His statement was too forceful and frankly ridiculous.
What line is that?
 

chrisvee

Well-Known Member
What is so controversial about the law? I live in Florida and I have read it. This law has ABSOLULY nothing to do with LGBT community. It has been totally misrepresented period. I stand behind the bill 100% and all of my friends and gay family members do. Disney should have stayed out of a dually elected law that is very popular with wide bipartisan support. Disney has every right to voice their opinion and disagree with this law but they went a step farther to say they were going to try and overturn it. It didn't set well with a lot of Floridians.
do you believe that lobbying by and political contributions from corporations should not be legal?

because Disney is not doing anything different than any large corporation
 

chrisvee

Well-Known Member
1 - Most people think this District gives The Walt Disney Co. tax breaks on everything they do on property - which is false - and they (Florida Republicans) are using that to their advantage here.

2 - There's no reason they shouldn't be able to but apparently nuclear power is a bad thing and they are embellishing that fact to show how "powerful" Disney is here with RCID.
yes I understand both of those things

I was pointing out that the basis of the questions is false
 

GoofGoof

Premium Member
Based on the interviews with DeSantis, it seems like they just want Disney to pay more in taxes and remove their ability to build a nuclear power plant. I don't think anyone (Republican or Democrat) wants to see the District actually dissolve.
Seriously? They are publicly saying this is about nuclear power? That’s beyond preposterous. A nuclear power plant costs billions of dollars to build takes decades from licensing to construction to going live and would produce power that would cost 10 times what Disney currently pays (all in cost after financing the construction). No reasonable human being sees that as a real possibility.
 

Disney Glimpses

Well-Known Member
Seriously? They are publicly saying this is about nuclear power? That’s beyond preposterous. A nuclear power plant costs billions of dollars to build takes decades from licensing to construction to going live and would produce power that would cost 10 times what Disney currently pays (all in cost after financing the construction). No reasonable human being sees that as a real possibility.
It's just a talking point that makes Disney looks like this crazy powerful villain exempt from all laws except the ones they make.
 

Tha Realest

Well-Known Member
What’s most likely is they follow what Chapek said was the original plan: fight things from behind the scenes. In the past the majority of TWDC political spending in FL went to Republican lawmakers including DeSantis. Flipping that to support others less hostile towards the company is smart business. DeSantis doesn’t care as much now since he has deep pockets, but over time that’s a major problem for local politicians with shoe string budgets.
GOP has a supermajority in the state. Disney doesn’t pay many of its own employees a living wage, fired many of them during the pandemic, and thanks to their diving headfirst into the political realm, has likely lost a lot of sway/goodwill they use to have.
 

GoofGoof

Premium Member
GOP has a supermajority in the state. Disney doesn’t pay many of its own employees a living wage, fired many of them during the pandemic, and thanks to their diving headfirst into the political realm, has likely lost a lot of sway/goodwill they use to have.
The supermajority received large political contributions from TWDC. They donated to both sides but the majority of their political spend in FL went to Republicans. The party that in the past was pro-business.
 

Tha Realest

Well-Known Member
The supermajority received large political contributions from TWDC. They donated to both sides but the majority of their political spend in FL went to Republicans. The party that in the past was pro-business.
Given the dynamics of the districts, many of those races are decided during the primary. For a GOP primary voter, clearly voting against Disney matters more than their donations. I think you’re overestimating Disney’s ability to change the composition of the state legislature. Besides, Chapek announced Disney was halting all political donations.
 

Jrb1979

Well-Known Member
A bit off topic but ever since the shutdown Disney hasn't been the same. The majority of the other amusement park/theme parks have gone about their business like normal. Many are putting in major additions yearly, doing things to draw back guests. Compare that to Disney with the added upcharges, cuts and nickel and diming. It's like they want that lost money instantly.

Now add in this issue and I don't understand what's going on with Disney
 

BWV2013

Member
Bob Chapek is not an elected official, he’s the CEO of a media conglomerate. Disagreeing with the bill is one thing but threatening to use the conglomerate’s power to stop the bill crosses a line. His statement was too forceful and frankly ridiculous.
No, it doesn’t cross the line and the Supreme Court disagrees with you.
It does cross the line, but not a legal one. He had every legal right to say what he wanted. But just because you have the right to do or say something does mean you SHOULD do it.

The line it crossed was good business practice, Chapek represents a giant company and his main priority is to do the best he can for that company, its employees and stockholders. He could have still made his point clear without threatening the law was passed by a very large margin of the elected officials in FL.

Chapek threatened to overturn a law - The FL govt threatened to overturn a law. Just saying,
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom