Friday, July 28, 2017

"Foxconn could get up to $200 million in cash a year from [Wisconsin] residents for up to 15 years"

JSO:

To lure Foxconn Technology Group to Wisconsin, state residents will have to do more than just forgo taxes from the Taiwanese electronics giant. They will have to pay cash — writing checks for up to $200 million a year.

...

David J. Ward, an economist who has studied foreign investment in Wisconsin, backs the deal and says the state is lucky to have the chance to accept it.