They learned that from NC. That is exactly what our republican legislature did 2 years ago.
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They learned that from NC. That is exactly what our republican legislature did 2 years ago.
Don't watch domestic news so this is the first I'm hearing of this. Seems a pretty big deal though.
Sadly the women won’t get to testify, hopefully some other means are found to address this travesty of justice.
mega wealthy buying their way out of justice again, I hate it!
That's messed up.
This is about the Foxconn factory getting built about 10 minutes from my house. They compulsory purchased a ton of land, have created bedlam on the Freeway as they have to rush through a 4 lane expansion they already cancelled and may not have the water supply the factory will need. Oh and it may pollute the waters. Seems like a good pay off for a factory that will at best break even in 2043, if it lasts that long.
"Whatever Americans were hoping for when they elected Donald Trump president in 2016, it’s a fair bet that it didn’t include shoveling billions of dollars of American taxpayer money to foreign companies to build white-elephant factories. But it looks as if that is what’s happening in Wisconsin. After Trump suggested that a piece of land in southeastern Wisconsin would be a great place for a factory back in 2017, Taiwanese electronics manufacturer Foxconn offered to build it.
There was just one catch — the state would have to pay Foxconn a lot of money. About $4.5 billion to be exact. Since the state already has very low tax rates for manufacturers, much of this subsidy will be paid directly in cash rather than as tax credits.
This is a staggering amount of money — about $1,800 per Wisconsin taxpayer — for a factory like this. The Foxconn plant will initially employ 3,000 workers, at a salary of about $54,000 a person. Even if the factory eventually increases its employment to 13,000 — as Wisconsin Governor Scott Walker has promised that it will — the cost per job created would be about $346,000. If the number of jobs turns out to be lower, the cost per job will be higher. Estimates that the state could break even on its investment by 2043 are almost certainly overoptimistic."
"Whatever Americans were hoping for when they elected Donald Trump president in 2016, it’s a fair bet that it didn’t include shoveling billions of dollars of American taxpayer money to foreign companies to build white-elephant factories. But it looks as if that is what’s happening in Wisconsin. After Trump suggested that a piece of land in southeastern Wisconsin would be a great place for a factory back in 2017, Taiwanese electronics manufacturer Foxconn offered to build it.
There was just one catch — the state would have to pay Foxconn a lot of money. About $4.5 billion to be exact. Since the state already has very low tax rates for manufacturers, much of this subsidy will be paid directly in cash rather than as tax credits.
This is a staggering amount of money — about $1,800 per Wisconsin taxpayer — for a factory like this. The Foxconn plant will initially employ 3,000 workers, at a salary of about $54,000 a person. Even if the factory eventually increases its employment to 13,000 — as Wisconsin Governor Scott Walker has promised that it will — the cost per job created would be about $346,000. If the number of jobs turns out to be lower, the cost per job will be higher. Estimates that the state could break even on its investment by 2043 are almost certainly overoptimistic."
I've some family that live in the area. A cousin of mine doesn't believe the math - thinks this is a fantastic deal for Wisconsin and that Scott Walker should be invited to join the President's staff and be an economic advisor.
SMH.
More on this - there's too much detail to post, but the three states (Michigan, Wisconsin & North Carolina) are just amazing in the audacity of the GOP efforts.
Stung by losses across the country, the GOP – the self-proclaimed party of traditional values and American patriotism – is resorting to the kinds of chicanery not seen since the days of Tammany Hall. In Michigan, Wisconsin, and North Carolina, Republicans who lost the 2018 elections are now trying to rig future ones, strip the winners of their power, and force them to continue the Republican policies that voters just rejected.
Daily Beast Article
I can guarantee similar things are occurring in many other rural Southern counties. Maybe not as openly
Asshat
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