Now Disney gets a nice tax break


There's an element of Disney buying Lucasfilm that hasn't made the news yet: The giant SoCal outfit is now inheriting Lucas's nifty annual tax break, cheating San Francisco out of property taxes worth about $60 million. See, part of what Disney gets is that shiny Lucas building in the Presidio -- a private office complex built in a national park. And since it's on federal land, not San Francisco land, Lucas doesn't pay the city property taxes.

Nice to know the rest of us working stiffs are helping Disney out.

Oh, and $4 billion for the entire Lucas empire? Disney got it cheap.