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Florida drops Disney's special tax status in latest chess move
The game of chess between the state of Florida and Disney is heating up.
For context, Disney World is so influential that it really has its own little world. It has something called the Reedy Creek Improvement District. It’s a special taxing district for Disney World in Florida.
However, the Florida Senate just voted to dissolve the Reedy Creek Improvement District. This will make Disney’s life more difficult. For example, Disney would no longer be able to grant itself permission to renovate buildings. Florida lawmakers voted to strip Disney of its special tax status - something Governor Ron DeSantis will likely sign into law.
You can read the entire bill here: https://www.flsenate.gov/Session/Bill/2022C/4C/BillText/er/HTML
I spoke to Rep. Anthony Sabatini, a Republican member of the Florida House of Representatives about this move, his views on "woke" influences, what it means for taxpayers, and why he's said that Disney has changed over the years.
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