Florida Senate, on a 23-16 vote, just passed legislation ending Disney’s tax privilege, self-governing power & special exemption status

Disney stock is down almost 30% this year.
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I predict this will end up costing Florida far more than Disney.

Florida benefited greatly financially by the arrangement with very little actual effort from the state or the counties. They got massive amounts of tax dollars and did not have to spend any money on the 25,000 acers other than an occasional police presence. Now that all changes (or next June I guess) and there is no way the counties involved will be ready for the undertaking.
State put it off untill after the midterms, some how the end result will be increased cost to the tax payer living within that area, Yet to hear from anyone living there. Easy to hate Mickey if you live in Oklahoma or Ohio.
 

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