A Tale of Corporate Greed: 45% of Parents Who Take Their Family to Disney Go Into Debt for the Trip
A recent survey by Lending Tree has shown that nearly half of parents with children under 18 who take a trip to Disneyland go into debt for the trip. On average, this is about $2,000 worth of debt. Tickets have only gotten more expensive over the years, and some add-ons that were previously free now cost additional money. Disney “experiences”, including the theme parks, make about 70% of Disney’s income. Even Disney co-CEO Bob Iger agrees Disney pricing is too expensive, saying that they were “a little bit too aggressive about some of our pricing.”
It is plain to see that Disney practices are exploitative in the name of profit, and our schools and communities are suffering. Due to the corporate loophole in Prop. 13, Disney, among other corporations, robs our schools and communities of $12 billion every year. If Disney would pay their fair share in property taxes, it wouldn’t just make life better for families who choose to go to Disneyland. It would make life better for everyone who lives in California, as our local governments would finally have the funds and resources they need to properly care for the needs of our communities. Prop. 13 reform would make all of California, not just Disneyland, the “happiest place on earth.”
Joshua Sudock / Disneyland Resort
Heading to a Disney theme park? More attendees are going into debt for the trip, survey says
By Samantha Masunaga | LA Times | June 14th, 2024