I really doubt Universal decided to spend 100’s of millions of dollars over the years just to get $13 million back in tax credits.
The problem (as always) lies with brain-dead “do-good” politicians and all these “programs”. A single tax break is fine to encourage building in certain areas – although Universal again was going to add on to their resort (IofA) regardless of any tax breaks – but it should be after the first year of the new business or area the tax breaks go away. I’m all for helping new vibrate businesses going into depressed areas, but once established those breaks should end.
The area Universal occupies was actually high crime. It is not far from Vineland and actually borders vineland. As a former Orlando resident I can attest also that the crime area did extend even further. There is also continued crime due to the targeting of tourists all along the I drive corridor as well as around Universal. It’s nowhere where it used to be, but still present. Some many not be reported in official crime stats as it is taken care of by private entities on their own land to reduce the need of reporting the crimes unless they’re absolutely necessary. Sort of a trick to keep your property looking safer than it perhaps may be at times lol.
Comments for Universal Tax Breaks Were Meant To Help FL Communities in Need
Ken G
I really doubt Universal decided to spend 100’s of millions of dollars over the years just to get $13 million back in tax credits.
The problem (as always) lies with brain-dead “do-good” politicians and all these “programs”. A single tax break is fine to encourage building in certain areas – although Universal again was going to add on to their resort (IofA) regardless of any tax breaks – but it should be after the first year of the new business or area the tax breaks go away. I’m all for helping new vibrate businesses going into depressed areas, but once established those breaks should end.
Papito
Alex, I’ll take “The Jews” for 500 please.
Ibuddy66
The area Universal occupies was actually high crime. It is not far from Vineland and actually borders vineland. As a former Orlando resident I can attest also that the crime area did extend even further. There is also continued crime due to the targeting of tourists all along the I drive corridor as well as around Universal. It’s nowhere where it used to be, but still present. Some many not be reported in official crime stats as it is taken care of by private entities on their own land to reduce the need of reporting the crimes unless they’re absolutely necessary. Sort of a trick to keep your property looking safer than it perhaps may be at times lol.
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