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That's nothing. Especially for a place like New York. Consider, in Wisconsin, we have to pay on the order of roughly USD400M to USD500M per year, for about th
by bilbo0s 8y ago
That's nothing.
Especially for a place like New York.
Consider, in Wisconsin, we have to pay on the order of roughly USD400M to USD500M per year, for about the next ten years. And we're a state that, compared to New York, is mired in abject poverty.
And to add insult to injury, that USD400M per year is for only HALF the jobs that New York is getting. And they don't pay as well.
Yeah, not a good time to be a Wisconsinite.
- addicted 8y agoWisconsin also doesn’t have corporate taxes so a lot of the Foxconn benefits were structured as direct payments rather than tax breaks. And many weren’t even dependent on Foxconn employing a certain number of people, which is why now that their plans have scaled down the numbers look disastrous.