Friday, July 28, 2017

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

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.