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posted by martyb on Saturday August 19 2017, @11:52PM   Printer-friendly
from the Politics dept.

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.


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  • (Score: 2) by drussell on Sunday August 20 2017, @08:10AM (8 children)

    by drussell (2678) on Sunday August 20 2017, @08:10AM (#556617) Journal

    That is a new low for corporate welfare shenanigans.... LOL...

    Where should I sign up MY company to get such cushy state subsidies?!

    I'm pretty sure I can give them a FAR better job per dollar return than Foxconn....

    What a joke! :-(

    Starting Score:    1  point
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  • (Score: 0, Troll) by Anonymous Coward on Sunday August 20 2017, @09:02AM (7 children)

    by Anonymous Coward on Sunday August 20 2017, @09:02AM (#556621)

    Realise the only differnce between this and other forms of welfare are the beneficiaries.

    If this outrages you then, all welfare should outrage you.

    All welfare is stealing from Peter to pay Paul.

    In both cases the culprit is not the beneficiary, but those who do the stealing and the giving away of the ill-gotten-gains.

    The government. This is the government's fault.

    • (Score: 1, Insightful) by Anonymous Coward on Sunday August 20 2017, @12:38PM (4 children)

      by Anonymous Coward on Sunday August 20 2017, @12:38PM (#556660)

      All welfare is stealing from Peter to pay Paul.

      Lo! Oft Soylentils will spout the most vulgar verbiage, but none so ignorant and misguided as this! Forsooth, my dear fellows, some times it is Robin stealing from the Duke of Nottingham. Which is something that just had to be done. He was a 1% er, after all.

      • (Score: 0) by Anonymous Coward on Sunday August 20 2017, @05:31PM (3 children)

        by Anonymous Coward on Sunday August 20 2017, @05:31PM (#556726)

        No. The Duke of Nottingham was the government.

        • (Score: 1, Insightful) by Anonymous Coward on Sunday August 20 2017, @05:45PM (2 children)

          by Anonymous Coward on Sunday August 20 2017, @05:45PM (#556729)

          Your next task is to draw the Venn diagrams for government and the elite under different systems such as Monarchy, Plutocracy, and Social Democracy.

          • (Score: 0) by Anonymous Coward on Sunday August 20 2017, @08:22PM (1 child)

            by Anonymous Coward on Sunday August 20 2017, @08:22PM (#556775)

            Your task is draw the Venn diagrams for who gets to elect the government under different systems such as Monarch, Plutocracy, and Democracy.

            Oh? Under democracy it is the people and not the elites who elect the government? I guess the government in this case is responsible for betraying the people who get to elect it, unlike under other non-democratic forms of government.

            • (Score: 0) by Anonymous Coward on Monday August 21 2017, @02:57AM

              by Anonymous Coward on Monday August 21 2017, @02:57AM (#556851)

              So, how do you propose we put a stop to the government betraying the people who get to elect it?

    • (Score: 0) by Anonymous Coward on Sunday August 20 2017, @09:27PM (1 child)

      by Anonymous Coward on Sunday August 20 2017, @09:27PM (#556787)

      So you don't think there is an important difference between giving welfare to rich and giving welfare to sick and poor...?

      • (Score: 0) by Anonymous Coward on Monday August 21 2017, @07:01AM

        by Anonymous Coward on Monday August 21 2017, @07:01AM (#556902)

        It really doesn't matter to the guy who is paying if the politician is using his tax money to pay for his nephews CEO position at Cancer Research, or his daughters position on the board of Foxcon.