Bonus Tweet of the Day

[RandySF]

Link to tweet

?s=21&t=kahn47Zy1OE3wCRoG3lxRg

[Jilly_in_VA]

1. Supposing

Disney decided to just pick up and leave, which they could afford to do? What would FloriDUH do with a dead amusement park and no tax base in Orlando, which basically has nothing else to recommend it?

[Gregory Peccary]

4. Orlando has a hotel with a daily Duck march through the lobby

Don't think that will make up for it if Disney were to somehow bail out though.

[LNM]

6. Memphis already has that covered.

So, from the Twin Cities I only have to go 700 miles to see them, not the 1400 to Orlando.

[multigraincracker]

9. Worlds largest pillow museum.

Have to make the airport larger.

[calimary]

10. This!

Take all those jobs and tourism revenue to Atlanta or New Orleans!

[qazplm135]

12. It would be insanely expensive to just pick up and leave

property value of Disney World was estimated at 1.3 billion in 2011, gotta think it's closer to 2 billion now.

And I think that was just the property value, not the value of all the venues. The Star Wars exhibit alone cost 1 billion to build.


So let's assume it would cost them conservatively 5 billion dollars to pick and move and rebuild somewhere else. Cost of new rides, lost revenue, moving, tear down, etc. And that's probably conservative, it's probably more like 10 billion or even more as they'd have to buy the property somewhere else as well.

Their net worth is less than 100 billion so that's a pretty expensive hit to their bottom line.

And there aren't a lot of options on the eastern side of the US with good weather year round and easy access.

Someone mentioned Puerto Rico and that's certainly got some appeal, but Disney would have to spend massively to upgrade things like the power grid and other infrastructure, which we might say GOOD but they'd say expensive.

[Jilly_in_VA]

13. It's not like Disney doesn't have the money

They do, and then some.

[qazplm135]

14. Tens of billions

If not more is a ton of money even for Disney.

Plus they'd have to find a suitable location for weather, taxes, available land.

The odds of them doing it are infinitesimal.

[gratuitous]

2. A question because I don't know

If Disney's special district pays for its own services, is it entitled to a tax break for paying for stuff the Florida taxpayer would otherwise pay for? Does that tax break go away if the special district is revoked, and would Disney then be on the hook for a lot more in taxes due to Florida?

I have no idea, but I'm guessing that there's some kind of inducement for Disney to pay for its own services in the special district, rather than taking a double hit of paying its own way and paying taxes to the state.

[lisa58]

3. The Florida draw is low taxes...

This will be fun to watch. Not to mention Disney having to increase their prices, which are already astronomical.

Have fun with that Florida

[Aviation Pro]

5. No income tax, but....

I anticipate my property tax will double to make up for the shortfall left by this stupid, vindictive move by this motherfucker of a governor. He must be ousted in November.

[BlueJac]

7. Thanks to the DeShithead!

[thenelm1]

8. So once the financial and other implications of this example writ large of...

Repub "cancel culture" is eventually realized by Floridian taxpayers, the thought that De Santis might be brought to heel by a mouse is a rather funny thought.

[SleeplessinSoCal]

11. Incentives to companies are offered to build in the first place.

This has to be a first. Having the experience with Disneyland in Anaheim in 1955, Walt had a plan for more control.

"Walt Disney disliked the businesses that had sprung up around Disneyland and wanted more control over a larger area of land in the next project."



https://en.wikipedia.org/wiki/Walt_Disney_World?wprov=sfla1

Emotions over the idea of merely discussing what homosexulaity is exposing some really shortsighted thinking on what education offers our children. They fear critical thinking so much. And education full stop. And they're willing to have a generation of lemmings, restricted from learning about real world issues. But the Floriduh kids paying attention to this are in for an education their politicians couldn't anticipate.

"A repeal of Disney's self-government status in Florida could leave local taxpayers with more than $1 billion in bond debt, according to tax officials and legislators."

Better response to the Wall Street Journal op-ed that Disney is in more trouble than Florida...

https://www.actionnewsjax.com/news/local/man-who-wrote-book-disney-florida-warns-economic-fallout-reedy-creek-dissolution/JOLYZ47Y4RAONOX7Q34SHARSQE/