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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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Wisconsin Lawmakers Vote to Provide up to $3B in Subsidies to Foxconn.
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
If bankers can count, how come they have eight windows and only four tellers?
(Score: 0) by Anonymous Coward on Sunday August 20 2017, @04:40PM
You guys are forgetting the most important part of the deal - funneling 25% of the $2.8b back into the reelection campaign funds of Walker & the rest of the GOP.