The Progressive reports:
Wisconsin is now poised to reward Foxconn with a whopping $3 billion "incentive" package--the fourth largest "mega-deal" in U.S. history. (That figure works out to an incredible $231,000 per job, and does not include the local subsidies that are invariably a part of such deals.) The bulk of this subsidy would be paid out in cash.[1]
[...] Wisconsin is jumping into the self-defeating interstate competition for jobs, in which U.S. states spend a collective $110 billion[2] on tax breaks and other sweeteners reserved mostly for the largest and most profitable companies like Foxconn, which raked in $2.26 billion in profits last year.
[1] Paywall after x visits per month.
[2] Link in TFA is just a search: http://america.aljazeera.com/search.html?q=%24110+billion.
(Score: 0) by Anonymous Coward on Tuesday August 01 2017, @12:55PM (1 child)
No they will use prisons so then they get cheap labor, tho it might be a step to making people not want to go back to prison cause they don't want to work for them.
I mean think about it the prison gets to use them as cheap labor, the state pays the prison to make iphone and people buy the iphones, they get paid 2x as much and increase the bottom line its a win-win
(Score: 2) by looorg on Tuesday August 01 2017, @01:08PM
Soldering for Foxxconn might still be a better work experience for prisoners then milking goats (was in the news here a week or so ago). That is if it was prisoners that was working in the factory. But I don't think it was.