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Started By
Message
Foxconn deal to build massive factory in Wisconsin could cost the state $230,700 / worker
Posted on 7/27/17 at 5:10 pm
Posted on 7/27/17 at 5:10 pm
The best deals, folks
Trump will bring the jobs back......and taxpayers will pay for it. Sounds a lot like the Carrier deal.
quote:
Foxconn, the technology giant that supplies gadgets to Apple, Google and Amazon, has shown willingness to make a huge investment in Wisconsin — in exchange for a similarly hefty commitment from the state.?
The Taiwanese company has agreed to build a factory that will stretch 20 million square feet, the size of 11 football fields, and Gov. Scott Walker has offered a set of financial rewards to seal the deal.?
On the table is up to $3 billion in state tax breaks. The state legislature could approve the economic incentive package as early as August.?
These payouts, Wisconsin officials said, come with lofty expectations. As long as Foxconn keeps hiring U.S. workers at the new flat-screen manufacturing facility, Wisconsin would cut the company $200 million to $250 million a year for up to 15 years.?That works out to a rough cost to the state of about $230,700 per worker, assuming the factory goes on to generate 13,000 jobs.
Trump will bring the jobs back......and taxpayers will pay for it. Sounds a lot like the Carrier deal.
39
Posted on 7/27/17 at 5:10 pm to a want
How will a tax break COST Wisconsin workers?
Posted on 7/27/17 at 5:11 pm to a want
You don't like American jobs? What a frikin loser, grow up and support those people who will be working again
This post was edited on 7/27/17 at 5:12 pm
Posted on 7/27/17 at 5:11 pm to joshnorris14
quote:
How will a tax break COST Wisconsin workers?
yeah is this a tax credit or tax cut?
if it's a cut, which it appears to be, the argument makes no sense
Posted on 7/27/17 at 5:12 pm to a want
quote:
factory in Wisconsin
quote:
Gov. Scott Walker has offered a set of financial rewards to seal the deal.?
quote:
These payouts, Wisconsin officials said,
and then....
quote:
Trump
ugh
Posted on 7/27/17 at 5:12 pm to a want
A want your hatred for the American worker is disgusting
Posted on 7/27/17 at 5:12 pm to Bunyan
A tax break doesn't equal paying money. It just means the state isn't getting as much. However, all the jobs are going to be generating revenue for the state. Learn to read, I think it might help you in life.
Posted on 7/27/17 at 5:12 pm to a want
It's The Amazon Post. Folks, save yourself the time and don't click.
This post was edited on 7/27/17 at 5:13 pm
Posted on 7/27/17 at 5:12 pm to a want
quote:
could
Posted on 7/27/17 at 5:13 pm to joshnorris14
Hey you, down in the front. Sit down, the rest of us are trying to watch the melt.
:kern:
:kern:
Posted on 7/27/17 at 5:13 pm to SlowFlowPro
quote:
if it's a cut, which it appears to be, the argument makes no sense
No way, this is the thread where we ridicule Trump for a private business contracting with a state.
Posted on 7/27/17 at 5:13 pm to a want
quote:Sounds like fewer taxes are being paid rather than more taxes going to the factory.
Trump will bring the jobs back......and taxpayers will pay for it. Sounds a lot like the Carrier deal.
Posted on 7/27/17 at 5:14 pm to a want
These kind of comments are stupid
If a factory that should pay say 12% tax isn't build versus one that is built and pays 8%, that 4% isn't a loss, the 8% is actually a gain.
But liberals are stupid.
If a factory that should pay say 12% tax isn't build versus one that is built and pays 8%, that 4% isn't a loss, the 8% is actually a gain.
But liberals are stupid.
Posted on 7/27/17 at 5:14 pm to a want
How much will each worker spend in that town for 15 years?
Posted on 7/27/17 at 5:14 pm to a want
Why do you hate jobs?
Posted on 7/27/17 at 5:15 pm to a want
Trump doesn't do anything, they freak out and melt
Trump does something, they freak out and melt
TRUMP CANNOT WIN WITH YOU PEOPLE
Trump does something, they freak out and melt
TRUMP CANNOT WIN WITH YOU PEOPLE
Posted on 7/27/17 at 5:16 pm to Damone
quote:
No way, this is the thread where we ridicule Trump for a private business contracting with a state.
there is always an easy response to these arguments
what is 0 x (normal tax rate)?
Posted on 7/27/17 at 5:16 pm to a want
Looks like more fake news from wapo.
Posted on 7/27/17 at 5:18 pm to SlowFlowPro
quote:
there is always an easy response to these arguments
what is 0 x (normal tax rate)?
it's the governments money!
-a want
Posted on 7/27/17 at 5:19 pm to a want
A Want you probably shouldn't comment on things outside of transgender a feminism issues. Your lack of understanding of business and taxation, coupled with your hatred of Trump, makes you a complete fool.
As has been pointed out, less taxes does not cost anyone anything, if the factory would not have come.
As has been pointed out, less taxes does not cost anyone anything, if the factory would not have come.
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