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Florida Votes to Revoke Disney’s Special Tax Status

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nytimes.com

Disney employs 38 lobbyists in Florida’s capital. Each election cycle, the company gives generous campaign contributions to Florida candidates from both sides of the political aisle.

Its theme park mega-resort near Orlando attracts more than 50 million visitors a year, powering a Central Florida tourism economy that annually generates more than $5 billion in local and state tax revenue.

The upshot: Disney usually gets whatever it wants in Florida. That era ended on Thursday, when the Florida House voted to revoke Disney World’s designation as a special tax district — a privilege that Disney has held for 55 years, effectively allowing the company to self-govern its 25,000-acre theme park complex.

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