The lawmakers in Wisconsin voted in favor of an incentives package worth up to $3B for Foxconn. The total value of the package depends on the number of jobs that Foxconn creates in the state, so, effectively, the state is paying about $500,000 for each new job.
Most of the incentive is in the form of cash payments from the state to Foxconn, not just tax waivers. The cost to the residents of the state is about $1,200 per household.
(Score: 4, Insightful) by mendax on Sunday August 20 2017, @12:55AM (2 children)
This is a classic example of corporate welfare clear and simple. If the governor has any brains he'd veto it, but since he's Scott Walker the taxpayers of Wisconsin are doomed to pay for this boondoggle.
It's really quite a simple choice: Life, Death, or Los Angeles.
(Score: 0) by Anonymous Coward on Sunday August 20 2017, @01:46AM
They definitely ARE the cheese state.
As in Cheeseheads.
(Score: 1, Informative) by Anonymous Coward on Sunday August 20 2017, @12:35PM
Gov. Scott Walker, un-indicted. Suspected to have been the model, in a back-causality time line, for the Scarecrow in "One Flew Over the Cuckold's Nest". Or was it "The Wizard of Foxconn"? In any case, a Koch Brothers puppet, intend on destroying Wisconsin, and then America, and After that, the World! All in the name of free speech and Nazi shit.
And yes, Republicans really are this stupid.