It would be very costly, but Disney can relocate Walt Disney World to another state. This would cripple Florida’s economy, as they’d lose their biggest tourist draw AND their biggest employer. Governor DeathSentence is being a fool.
Sorta already are. They are killing a plan to have their main campus in FL. They have told employees that have relocated in preparation that it is ok to relocate again (a huge chain jerk IMHO even if being 100 % reimbursed by Disney). The 1.1 Billion invested was from just Disney; the 13,000 tax-paying employees gone, and additional tourist revenue gone.
The details have changed, but the original elimination of the Reedy Creek district would have forced the bond debt that used to be Disney’s to be held and paid by the local counties for around another Billion, forcing the need to raise local property taxes to pay down the bond.
It would be very costly, but Disney can relocate Walt Disney World to another state. This would cripple Florida’s economy, as they’d lose their biggest tourist draw AND their biggest employer. Governor DeathSentence is being a fool.
Sorta already are. They are killing a plan to have their main campus in FL. They have told employees that have relocated in preparation that it is ok to relocate again (a huge chain jerk IMHO even if being 100 % reimbursed by Disney). The 1.1 Billion invested was from just Disney; the 13,000 tax-paying employees gone, and additional tourist revenue gone.
The details have changed, but the original elimination of the Reedy Creek district would have forced the bond debt that used to be Disney’s to be held and paid by the local counties for around another Billion, forcing the need to raise local property taxes to pay down the bond.