Thursday, August 10, 2017

Foxconn doubters turn their lonely eyes to...Scott Fitzgerald!

Yipes! A business professor says the Foxconn deal may be the worst major investment deal for taxpayers in history. 
To build a $10 billion plant in southeast Wisconsin, which is set to employ 3,000 folks earning about $54,000 per year, Wisconsin sold the farm...Thus, it appears, for every job Foxconn creates, Wisconsin taxpayers will be expected to pony up $66,000 in state and $44,000 in local tax incentives for the next 15 years. This is stunning. Wisconsin will pay more than $100,000 per job in tax incentives, each year, to create $54,000-per-year jobs.
Yipes 2.0: This GOP ideologue - -
Scott Fitz.jpg
- - State Senator Majority Leader Scott Fitzgerald, has emerged temporarily as the adult in the room, while the state's leading Republican corporate captives, including Scott Walker, Assembly Speaker Robin Vos, lead environmental capitulator and DNR Secretary Cathy Stepp, et al, engage in thoughtless cheerleading.

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