Waiting for Robbie, Vendillza and other so called lower tax guys to explain this one away.. Trump's Foxconn deal that he went on and on about will be given the largest govt subsidy of any foreign country in the history of the US..
Congrats you dumb fucking Red Hats you got the tax payers fucked again....
https://www.vanityfair.com/news/2018...p-foxconn-scam
The deal will cost taxpayers more than $4.5 billion in subsidies, but because manufacturing companies in Wisconsin are already exempt from paying taxes, “Foxconn, which generated a hundred and fifty-eight billion dollars in revenue last year, will receive much of this subsidy in direct cash payments from taxpayers”—the largest subsidy given to a foreign corporation in U.S. history
If Wisconsinites ever see a return on their investment, it’ll be in 2042 at the earliest, according to analysis from the nonpartisan Legislative Fiscal Bureau
Good old Scott Pruitt did Foxconn a solid by “overrul[ing] the objections of his staff to grant most of southeastern Wisconsin an exemption from limits on smog pollution” so the plant can poison the air to its heart’s delight
The company has been granted special court privileges by the state legislature, like the ability to make numerous appeals of unfavorable rulings in a single case
The town’s Village Board of Trustees has been using eminent domain to expel obstinate homeowners, forcing them to “sell at a price determined by the village.” They’ve been able to do so by decreeing the 2,800-acre area around the plant “blighted,” a designation typically reserved for property that is “detrimental to the public health, safety, or welfare,” but which the board has extended to include property that “impairs or arrests the sound growth of the community”