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Sweatshop - Pure Drama
Political Fray
Typical Democrat behavior.
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<blockquote data-quote="Oerdin" data-source="post: 552092" data-attributes="member: 128"><p>"Municipal Service Taxing Units (MSTU)" is what it is officially called in Florida but functionally it is just a special property tax assessment for a defined geographic area. Guess what? Disney's former "Reedy Creek Improvement District" has $163 million a year in debt payments and you absolutely can recast it as an MSTU then stick the costs onto the parcel owners in that district. Which means Disney gets to pay its own debt not regular taxpayers.</p></blockquote><p></p>
[QUOTE="Oerdin, post: 552092, member: 128"] "Municipal Service Taxing Units (MSTU)" is what it is officially called in Florida but functionally it is just a special property tax assessment for a defined geographic area. Guess what? Disney's former "Reedy Creek Improvement District" has $163 million a year in debt payments and you absolutely can recast it as an MSTU then stick the costs onto the parcel owners in that district. Which means Disney gets to pay its own debt not regular taxpayers. [/QUOTE]
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Sweatshop - Pure Drama
Political Fray
Typical Democrat behavior.