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Scott Walker heads to D.C. as Trump prepares for Wisconsin Foxconn announcement
Milwaukee Journal-SEntinal ^
| 7/26/17
| Patrick Marley and Jason Stein
Posted on 07/26/2017 8:09:48 AM PDT by UB355
MADISON - Foxconn Technology Group will announce at the White House on Wednesday its plans to bring jobs to Wisconsin.
Company officials have talked about a massive investment in the United States that would create thousands of jobs. They have visited Wisconsin and other states in recent weeks as they consider their options
(Excerpt) Read more at jsonline.com ...
TOPICS: Business/Economy; US: Wisconsin
KEYWORDS: business; foxconn; jobsjobsjobs; second100days; trumpeconomy; winning
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To: DoodleDawg
Wouldn’t the new employees pay local, state and federal taxes that offset at least in part any incentives.
21
posted on
07/26/2017 9:59:25 AM PDT
by
nclaurel
To: nclaurel
Wouldn’t the new employees pay local, state and federal taxes that offset at least in part any incentives. That's generally the claim when packages like this are announced. I have no idea how often that actually happens.
To: DoodleDawg
It will cost them the revenue they would have gained had the subsidies not been in place.
If the company locates in another state or country without the incentives those revenues would be unrealized.
23
posted on
07/26/2017 10:20:42 AM PDT
by
Dr. Sivana
(There is no salvation in politics.)
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