'They Will Be Subject To More Ability To Be Taxed': DeSantis Lays Hammer On Disney

Photo credit: Gage Skidmore/CC BY-SA 2.0, via Flickr

On Wednesday, Gov. Ron DeSantis (R-FL) spoke about the new treatment of Disney.

Governor Ron DeSantis of Florida has taken a major step in leveling the playing field for businesses operating within the state. A bill was passed last year that aimed to address some of the privileges that the Walt Disney Company, a major player in the state's tourism industry, has enjoyed over the years.

One of the major concerns was that Disney had tax exemptions and advantages that were not available to its competitors like Universal Studios and Sea World.

However, the bill that was passed gives the state the ability to tax Disney for the benefits it has received in the past, and a board will be put in place to determine the value of the property for tax purposes. This means that Disney will be subject to more ability to be taxed and will no longer be the watchdog of itself.

Governor DeSantis has stated that Disney will have to live under the same laws as everyone else and that the board will apply the same type of laws in the local district that are applied to its competitors. He has also promised to address any provision that gives Disney an advantage over its competitors, such as Universal Studios and Sea World.

The bill strips away some of Disney's special privileges, such as the ability to build its own nuclear power plant, and gives the governor and his appointees full control over the special district. Governor DeSantis has emphasized that his goal is to create a level playing field for all businesses operating within the state and that he will take care of any provision that does not meet this standard.

Conclusion

In conclusion, Governor Ron DeSantis of Florida has made it clear that he will not wait around to fix things and that he is committed to creating a fair and equal business environment for all companies operating within the state. The bill passed last year is a major step in this direction and will have far-reaching implications for the Walt Disney Company and other major players in the state's tourism industry.

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