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Foxconn to Kenosha, WI incentivies

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Thread replies: 6
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File: foxconn33.jpg (50KB, 770x433px) Image search: [Google]
foxconn33.jpg
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Did Wisconsin tax payers get fucked on this deal?

"The state would pay Foxconn 17 cents for every dollar many Foxconn employees will make -- more than double what the state has given companies in other deals. The bill would also commit a quarter-billion dollars to rebuild I-94 south of Milwaukee, and it would allow Foxconn to discharge material into wetlands without a permit, though the company would sometimes need a federal permit."

"The tax breaks are tied to performance, meaning the taxpayers don't pay if Foxconn doesn't deliver."

http://fox6now.com/2017/07/30/assembly-speaker-wants-public-hearing-on-foxconn-incentives-bill-this-week-its-worth-taking-that-step/
>>
>>135603567
I-94 needs to be fucking fixed
>>
>>135603567
no. now go back
>>
>>135603567
I live in Wisconsin, specifically southeastern wisconsin where this is going. No we don't get fucked we need this very badly
>>
>>135603683


>dumping waste into wetlands without a permit.
>>
i don't think they'd get fucked from the 17cents. states need money to be circulating.

they still have state income tax, so they're getting some of it back through the employee's saleries, and that circulating money gets taxed down the line when they spend in state (and help pay other businesses' employees)
Thread posts: 6
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Read more on this topic here - https://archived.moe/talk/thread/1694/


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