Disney cancels plans for Florida campus amid feud with Ron DeSantis, forgoing historic tax incentive
Posted on AllSides May 18th, 2023
From The Left
The Walt Disney Co. pulled the plug on a nearly $1 billion regional headquarters it had planned for Orlando amid a yearlong dispute with Florida Gov. Ron DeSantis. By walking away, Disney forwent a chance to earn up to $570 million, a historic sum, in tax credits. The tax credit deal became one of several Disney-related criticisms from DeSantis' expected rivals for the GOP presidential nomination; DeSantis is expected to announce a run for president, perhaps as soon as next week. In a recent interview, former South Carolina Gov. Nikki...