On Tuesday, writing for Bloomberg Tax, attorney Jacob Schumer walked through how the plan by Gov. Ron DeSantis, R-Fla., to strip the Walt Disney corporation of its special tax status could run into a brick wall.
The plan, passed as part of a special session bill in which legislators also approved DeSantis' plan to cut the number of Black congressional districts, would eliminate the Reedy Creek Improvement District, the special taxing district Disney uses to essentially run its own mini-government on the land used by the Walt Disney World resort complex near Orlando — a measure Florida Republicans openly admit is retaliation for Disney criticizing their so-called "Don't Say Gay" school legislation.
