Disney CEO Bob Iger Takes on Florida Governor Ron DeSantis Over Business Retaliation

Disney CEO Bob Iger accused Florida Governor Ron DeSantis of retaliating against the company over its opposition to the state's "Don't Say Gay" law. The dispute has led to lawsuits and countersuits over Disney's special Reedy Creek tax district. Iger argued that Disney is the largest taxpayer in Central Florida, paying over $1.1 billion in state and local taxes last year alone. He also noted that other venues enjoy the same tax district status. Despite the legal battle, Disney plans to invest over $17 billion in Disney World over the next decade, creating around 13,000 jobs and generating more taxes for Florida.