Hacker News new | past | comments | ask | show | jobs | submit login

Disney receives some of the biggest tax breaks of any company on earth. They pay no tax at Disneyland Anaheim and get massive subsides for movies (Pirates of Caribbean and Starwars being recent examples). They get tax breaks internationally and are rivals to oil and arms in scale. Free market does not apply.



Disney also has special flight restrictions, which Congress, not the FAA, mandated. Nominally described as an anti-terrorist measure, I agree with the many who say it was to prevent aerial advertising and sightseeing helicopters.

In Florida they have their own special tax district, the Reedy Creek Improvement District. It is "exempt from all county and most state regulations, such as development-impact fees or costly and time-consuming regional-impact studies. The district is regulated by building codes drafted with the developer`s help. Waterways, utilities and sewer systems are built to suit the developer`s needs. The district is governed by a ruling body that is handpicked by the developer." http://articles.sun-sentinel.com/1987-02-23/business/8701120...


Low or no taxes would seem to be an important part of the definition of free market


Low or no taxes for everyone would be a free market. If only certain corps get it then it's like a subsidy from the rest of society.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: