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'Buckle up': DeSantis escalates Disney dispute, eyes hotel taxes and road tolls

By Ryan Wu
Published in Financial Planning
April 07, 2023
1 min read
'Buckle up': DeSantis escalates Disney dispute, eyes hotel taxes and road tolls

As the Florida legislature prepares for its session, Governor Ron DeSantis has escalated his feud with Disney and aims to revoke some of the company’s tax benefits. DeSantis wants to remove tax benefits that Disney currently receives for its theme parks and hotels. He has also suggested that he is exploring the possibility of implementing new taxes on hotel stays and road tolls. The dispute between DeSantis and Disney has been ongoing since the company voiced its concerns over Florida’s proposed voting rights laws, which it deemed discriminatory. The governor’s latest attack on Disney’s tax benefits may have serious ramifications for the company’s operations in Florida, with analysts warning that the move could result in a loss of jobs and economic growth. This latest development highlights the increasing tensions between the major corporations and politicians in Florida, and it will be interesting to see how it plays out.


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Ryan Wu

Ryan Wu

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