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Re: Florida voted to revoke Disney's special tax status.

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 22 Apr 22 8:21 PM | 19 view(s)
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Msg. 45501 of 54959
(This msg. is a reply to 45499 by clo2)

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Wheels within wheels.

That's another thing that's nuts. Municipal governments paying ridiculous amounts for sports' teams to move to their backyard.

In the UK there are multiple leagues and you can be demoted if your team does badly and promoted if they do well. So every town has at least one team that local people can support, in whichever league they are in. And no team ever moves. The teams have to build and pay for their own stadiums. They are invested in their local community, which supplies matchday fans. And guess what: many of the UK's football teams are worth as much as the biggest US sports teams. Without a single penny being handed to them. They stand on their own feet.

London has three huge teams. Manchester has two. Liverpool has one. Glasgow two. And so on.

So no sympathy for Floridians if that's the deal they made and now have to pay for.


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The above is a reply to the following message:
Re: Florida voted to revoke Disney's special tax status.
By: clo2
in ALEA
Fri, 22 Apr 22 8:05 PM
Msg. 45499 of 54959

In NY our governor is all for a football stadium & I think there's enough money for the owners to pay for this and or find funding...

NY taxpayers will pay $850 million for Buffalo Bills' new stadium

If the special district is eliminated, Orange and Osceola counties would have to provide the local services currently provided by the special district.

Legislators and tax experts warn the bill creates an even larger potential problem for taxpayers in the form of bonds totaling more than $1 billion.

http://www.cnbc.com/2022/04/21/disney-special-district-florida-taxpayers-could-face-a-1-billion-debt-bomb-if-dissolved.html


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