Ever since Florida Governor Ron DeSantis announced that the Reedy Creek Improvement District, the entity that gave Walt Disney World special privileges in the state, would be abolished, the establishment has been spreading the “news” that the residents of the counties where that district sits would be on the hook to pay for it.
Since DeSantis has moved to abolish the Reedy Creek Improvement District, an establishment narrative has formed, suggesting that Floridians would have to pay off the outstanding $1 billion in outstanding bond debt, according to credit rating agency Fitch Ratings.[DeSantis Spokeswoman Christina] Pushaw pushed back against this narrative, saying “Do not fall for another partisan political lie being amplified by media.”
Pushaw explained in a statement:
“The plan for Reedy Creek will be shared in the next few weeks. As Governor DeSantis has said, Disney will pay its fair share of taxes, and abolishing the special district will not cause tax increases for the residents of any area of Florida.”
“Partisan politicians (and their stenographers in the press) are making unsubstantiated statements that do not stand up to basic logic. Let’s think about this for a minute: If it’s true that the repeal of the special district would hand Disney a tax break, and the local taxpayers would be on the hook for this bail-out to Disney… then why would Disney oppose repealing their special district? Indeed, why wouldn’t Disney have lobbied to get rid of the special district long ago?”
“This would not be the first time partisan opponents and the media throw a fit about some baseless hypothetical that disappears from the headlines after Governor DeSantis proves them wrong.”