Rick Romell, Milwaukee Journal Sentinel Published 8:20 a.m. CT Nov. 23, 2018 | Updated 7:33 p.m. CT Nov. 23, 2018
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| The first structure on the Foxconn construction site, a 120,000-square-foot "multi-purpose building," is up, with the building expected to be substantially completed late this year. Construction is well underway at the site of the Foxconn Technology Group $10 billion manufacturing and research complex in Mount Pleasant on Monday, October 22, 2018. The eventual 2,800 acre facility will produce high-definition display panels. - Photo by Jim Nelson and Mike De Sisti / Milwaukee Journal Sentinel(Photo: Jim Nelson and Mike De Sisti, Milwaukee Journal Sentinel) |
The state's deal with Foxconn Technology Group is done and the contracts signed, but the recently unveiled agreements between Amazon and New York and Virginia have put Wisconsin’s subsidies for the Taiwan-based electronics manufacturer in the spotlight again.
Comparing the deals is muddy work, but even by the most generous reckoning, it appears Wisconsin is paying more per job than will go to Amazon for its much-watched “second headquarters” developments in New York and Virginia.
Whether Wisconsin’s huge incentive package proves to be worthwhile — and Amazon comparisons aside, many question the wisdom of the very practice of public subsidies for corporations — won’t be known for years
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Read more:https://www.jsonline.com/story/money/business/2018/11/23/foxconn-vs-amazon-how-do-public-subsidies-stack-up/2083413002/
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Racine County has been sold out by County Executive Johnathan Delagrave who insists...
"A rising Tide lifts all boats"
YEAH? Well....
“You’re still on your yacht, and I’m still in my dinghy.”
And I fund YOU!
You tax me... and profit from my labor - and then expect to retire.... while you expect me to continue to work....
Why Work?
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