Back in the U.S., in Wisconsin, Republican Governor Scott Walker, House Speaker Paul Ryan and President Trump are backing a plan that would see the high-tech manufacturer Foxconn build a $10 billion factory in the state—in exchange for $3 billion in tax credits. Gov. Walker says the factory, which would produce flat-panel display screens, would add 13,000 jobs to Wisconsin’s economy. In fact, Foxconn has said the factory would only provide an initial 3,000 jobs, with the potential to add more in the future. Critics say that’s unlikely to happen, as the plant will probably be highly automated, and that taxpayers may end up paying $1 million per job created. The jobs will carry an average salary of $54,000.
Wisconsin Lures Foxconn Plant with Offer of $3 Billion Tax Break
HeadlineJul 28, 2017